Stock market volatility is not something the average investor looks forward to. However, that’s not the case for Robinhood investors.
Last year, an estimated 3 million new users flocked to the Robinhood platform amid record volatility in the market. That’s noteworthy because the average age of Robinhood’s user base is only 31. These are millennial and/or novice investors that are, in many instances, looking to get rich quick by making very short-term trades or riding momentum stocks.
But contained within Robinhood’s leaderboard — the 100 most-held stocks on the platform — are three high-yield dividend stocks that its investors absolutely love.