Bernstein Is Pounding the Table on Robinhood (HOOD) Stock

It has been an exceptional 2024 for Robinhood (NASDAQ:HOOD), as HOOD stock is up by about 45% on the heels of a stock market rally and a cryptocurrency comeback. As of Feb. 29, the company’s assets under custody (AUC) totaled $118.7 billion, a 16% jump month-over-month (MOM). Equity trading volumes grew by 36% MOM to $80.9 billion while options volume rose by 12% to 119.1 million contracts. Finally, for the cherry on top, crypto trading volume increased by 10% to $6.5 billion.These figures support the notio ...