Robinhood (NASDAQ:HOOD), the zero-commission trading app, has gained much popularity over the past year. As an attractive platform for millennials and Gen Z traders, the stocks traded or listed on this platform are considered the most popular. Therefore, we think fundamentally sound Robinhood stocks Johnson & Johnson (JNJ), Walmart (NYSE:WMT), and The Coca-Cola (KO), which are listed on the platform, could be good additions to one’s portfolio now.The Robinhood trading platform has become very popular since last year, especially with Gen Z traders, due to its zero-commission trading services. It is currently one of the biggest trading platforms in the United States. The company’s total net revenues increased 131% year-over-year to $565 million in the second quarter of 2021. Also, Robinhood reported a 109% surge in monthly active users versus the same period last year to 21.3 million. .
Because most Robinhood users are millennials and Gen Z traders, the stocks traded or listed on this platform are considered popular.
Johnson & Johnson (JNJ), Walmart Inc. (WMT), and The Coca-Cola Company (NYSE:KO) are currently on the Robinhood top 100 list. Considering their dominant market shares and strong fundamentals, we think these stocks could be solid additions to one’s portfolio now.