HOOD Stock is on a Tear Since Election Day: Buy or Wait for the Dip?

Robinhood Markets (HOOD) is proving to be a big beneficiary from the post-election rally. Since Nov. 5, Robinhood shares have surged 51.6% and touched a new three-year high of $39.74 on Monday. In contrast, since Election Day, its peers – Charles Schwab (SCHW) and LPL Financial (LPLA) – have gained just 14.7% and 17.9%, respectively. This exceptional rally has helped HOOD shares to skyrocket 197.1% this year, significantly outperforming the industry's rise of 46.9%. Image Source: Zacks Investment Research Y ...