CNBC’s Jim Cramer on Tuesday gave his thoughts on the most sought-after stocks by younger investors on the popular stock trading app Robinhood.
The investing platform’s co-CEO Vlad Tenev in a “Mad Money” interview the day prior revealed the top stocks that investors bought through the start-up brokerage app in March. The show host gave his stamp of approval on the stock picks, calling them “pretty intriguing stocks.”
It’s a “fantastic list,” Cramer said. “Not perfect, but very good for speculation.”
Robinhood, while used by investors across generations, is used in large part by millennials to trade stocks and cryptocurrency. The company managed to sign up 10 million active users within five years of being open to the general public.
Below are Cramer’s comments on young investors’ top 10 stock picks on Robinhood for March:
Inovio Pharmaceuticals: “I always tell you to own at least one speculative stock, and the younger you are, the more speculative you can be.”
Ford: “I have to believe…