Robinhood (HOOD) Has a Great IRA Product, Says Jim Cramer

Core Insights - Robinhood Markets Inc. (NASDAQ:HOOD) has seen its shares increase by 192% year-to-date, making it one of the strongest performers in the market [2] - Morgan Stanley raised its share price target for Robinhood to $147 from $146, maintaining an Equal Weight rating, based on expectations of an earnings upside for the fiscal fourth quarter [2] - Truist initiated coverage on Robinhood with a Buy rating and a $155 price target, while Mizuho reiterated an Outperform rating with a $172 price target [2] - Jim Cramer has praised Robinhood for its technology and its role in facilitating wealth transfer from older to younger generations [2] Company Products - Robinhood offers a competitive IRA product, which has been highlighted positively by Jim Cramer [3]