13 Best Aggressive Growth Stocks to Buy Now

Page 3 of 12

10. Robinhood Markets, Inc. (NASDAQ:HOOD)

Year-Over-Year Revenue Growth: 58.23%

Number of Hedge Fund Holders: 79

Robinhood Markets, Inc. (NASDAQ:HOOD) is an American financial services and technology company that ranks among the best aggressive growth stocks to buy now. The company operates an electronic trading and financial services platform that allows users to trade stocks, options, commodity interests, and crypto. Robinhood Markets, Inc. (NASDAQ:HOOD) is known for its role in revolutionizing financial services by introducing commission-free stock trading and advanced trading tools.

The company had a record-breaking Q4 and a record-setting year in 2024 as it reached new highs for revenue, net income, adjusted EBITDA, and EPS. For Q4 2024, Robinhood Markets, Inc. (NASDAQ:HOOD) reported total net revenues increased 115% year-over-year to reach $1.01 billion. Transaction-based revenues more than doubled to reach $672 million. This impressive growth was driven by cryptocurrencies revenue of $358 million, which marks an increase of more than 700%. The company is focused on expanding its product portfolio and growing internationally. Robinhood Markets, Inc. (NASDAQ:HOOD) reported that since the start of Q4 2024, it has added 7 crypto assets in the US and introduced Ethereum (ETH) staking in the EU. The company entered into an agreement to acquire Bitstamp in June 2024. Bitstamp is the world’s longest-running cryptocurrency exchange. This transaction is expected to close in the first half of 2025 and help boost Robinhood Markets, Inc.’s (NASDAQ:HOOD) crypto trading volumes. The company is also expanding its international operations. It announced plans to expand into the Asia-Pacific region in 2025, with Singapore serving as its local headquarters. Additionally, in February 2025, Robinhood Markets, Inc. (NASDAQ:HOOD) started to offer options trading to its customers in the UK.

Page 3 of 12