We recently published a list of Last Week’s 10 Best-Performing Stocks. In this article, we are going to take a look at where Robinhood Markets Inc. (NASDAQ:HOOD) stands against other last week’s best-performing stocks.
Ten firms outperformed Wall Street’s three major indices over the past week, clocking in double-digit gains on the back of a flurry of company developments that sparked buying appetite.
On a week-on-week basis, the Dow Jones rallied by 1.19 percent, the S&P 500 increased 0.5 percent, and the tech-heavy Nasdaq inched up 0.16 percent.
Meanwhile, 10 firms finished stronger with gains of 10 to 20 percent. In this article, let’s explore the names of last week’s best performers and the reasons behind their rallies.
To come up with the list, we only considered the stocks with at least a $2 billion market capitalization and $5 million in trading volume.
Robinhood Markets Inc. (NASDAQ:HOOD)
Robinhood Markets grew its share price by 13.05 percent last week to end at $44.36 apiece versus the $39.24 registered a week earlier, or on March 14, 2025, as investor sentiment was buoyed by rating upgrades from two investment companies.
Last Wednesday, Compass Point initiated coverage on HOOD stocks, giving the company a “buy” rating and a price target of $61, a 37.5-percent upside from its last closing price.
According to Compass Point, HOOD has the opportunity to generate as much as $665 million from cross-selling to existing US customers. The figure includes a potential $150 million from staking alone.
Following the news, investors gobbled up shares in HOOD, propelling the stock to a three-day rally towards the end of the trading week.
Further adding to the sentiment was KeyBanc’s maintained positive outlook for the company, having assigned an “overweight” rating and a stock price of $75 each. The new price target represents a 69-percent upside from its last closing price.
Overall, HOOD ranks 8th on our list of last week’s best-performing stocks. While we acknowledge the potential of HOOD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as HOOD but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires
Disclosure: None. This article is originally published at Insider Monkey.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。