Group 1 - The earnings season can be volatile, but long-term investors should look beyond single earnings reports and avoid impulsive buy-or-sell decisions [1] - Robinhood Markets and Uber Technologies experienced stock declines after their quarterly updates, yet both companies have outperformed broader equities this year and maintain strong prospects [2] Group 2 - Robinhood has evolved into a comprehensive financial services company, expanding from its initial trading app to include banking, advanced trading, and retirement savings accounts [4] - In Q3, Robinhood's revenue doubled to $1.27 billion, and earnings per share increased by 259% year over year to $0.61, but the stock fell due to high valuation concerns, trading at over 50 times forward earnings [5] - Robinhood is considered a buy for long-term investors due to its potential as a leading trading and financial services platform, appealing particularly to younger investors [6][7]
2 Growth Stocks to Buy Now and Hold for the Long Term