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-0.00161311136920893 -0.00219383146212417 -0.00799974190218094 -0.00141953800490385 0.0067750677506774 0.0122596464059877 0.00116144018583029 0.00348432055749124
Stock impact report

Jim Cramer Highlights His “Problem” With Robinhood [Yahoo! Finance]

Robinhood Markets, Inc. - Class A (HOOD) 
Company Research Source: Yahoo! Finance
Robinhood Markets, Inc. (NASDAQ: HOOD ) is one of the stocks that was on Jim Cramer's radar recently . When a caller inquired about the stock during the episode, Cramer said: Here's my problem with Robinhood. It sells at 30 times earnings, but it has way too much business that I think is crypto. And until they get so that the balance is less crypto and more say equities and bonds, I think it's going to be too volatile, and it's going to trade like Bitcoin. Photo by Adam Nowakowski on Unsplash Robinhood Markets, Inc. (NASDAQ:HOOD) operates a financial platform that allows users to trade stocks, ETFs, options, cryptocurrencies, and other assets. Cramer discussed the company while presenting his game plan during the episode aired on February 6. He commented: After the close, Robinhood reports. People are starting to get unnerved by how closely aligned this stock is with the price of Bitcoin. Even after today's dramatic rebound, Bitcoin still feels like it's lost its luster. The Show less Read more
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