5 Best Robinhood Stocks to Buy Right Now

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1. Coinbase Global, Inc. (NASDAQ: COIN)

Number of Hedge Fund Holders:  N/A  

Coinbase Global, Inc. (NASDAQ: COIN) is a Wilmington-based cryptocurrency exchange platform that is placed first on our list of 10 best Robinhood stocks to buy right now. It was founded in 2012 and went public in April at a market valuation of $86 billion. The stock has been volatile since the IPO and the firm is now valued at over $55 billion. Coinbase facilitates the buying, selling, and storage of digital currencies like Bitcoin and Ethereum. It is the largest crypto exchange platform in the world with presence in more than 100 countries.

Coinbase Global, Inc. (NASDAQ: COIN) is one of the few companies identified by investment bank Goldman Sachs that have outperformed the wider market by more than 34 percentage points this year. On April 29, Coinbase announced it was adding PayPal as a payment option for purchases of cryptocurrencies. Coinbase has more than 50 million active users and has facilitated more than $335 billion in crypto transfers so far. 

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