We recently compiled a list of the 13 Best Aggressive Growth Stocks to Buy Now. In this article, we are going to take a look at where Robinhood Markets, Inc. (NASDAQ:HOOD) stands against the other aggressive growth stocks.

US stocks delivered a positive performance on Wednesday, April 23, after President Trump pointed out that he does not intend to fire Federal Reserve Chair Jerome Powell. This statement helped ease Wall Street’s fears about the independence of the central bank. Additionally, Trump softened his tone on tariffs and hinted that the high duties on Chinese imports could be scaled back in the future.

READ ALSO: 14 Best American Tech Stocks To Buy Now and 10 Best Electronic Components Stocks to Buy Now.

The Nasdaq led the gains as it increased by 2.5%. The S&P 500 rose nearly 1.7%, and the Dow Jones Industrial Average increased about 1.1%, or 400 points. Earlier in the day, the Nasdaq was up over 4% at one point and the Dow had added about 1,100 points. However, these gains faded after Treasury Secretary Scott Bessent told reporters there has been “no unilateral offer from the president to deescalate” the trade war with China.

Despite this pullback, Wall Street remained optimistic because of President Trump’s softer tone on both the Fed and tariffs. On Tuesday, Trump said he expects China tariffs to come down significantly after Bessent had called the current tariffs “unsustainable.”

Trump also told reporters from the Oval Office that he never intended to remove Powell but repeated his desire for the Fed chair to lower interest rates. These comments brought relief to investors who had feared that a possible conflict between President Trump and Powell could add further uncertainty in a market that is already affected by tariffs.

Methodology

To compile our list of the 13 best aggressive growth stocks to buy now, we looked for stocks with a year-over-year revenue growth rate exceeding 35%. To ensure the reliability of our findings, we consulted SeekingAlpha for the year-over-year revenue growth rate for each company. Next, we focused on the top 13 aggressive growth stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2024 database of more than 1,000 elite hedge funds. Finally, the 13 best aggressive growth stocks to buy now were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.

Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

A successful business person confidently managing their finances on a mobile device.

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.

Overall, HOOD ranks 10th on our list of the best aggressive growth stocks to buy now. 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. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HOOD but that trades at less than 5 times its earnings, check out our report about this 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.