Better Growth Stock: Robinhood vs. Visa
Growth investing typically involves some valuation risk, as Wall Street often bakes a lot of good news into the prices of growth stocks. Long-term investors need to figure out how much of a premium they are willing to pay for the growth they expect from an investment. That's the big story when you compare discount broker Robinhood (NASDAQ: HOOD) to payment processor (NYSE: V).
Robinhood is a discount brokerage. It has dramatically changed the industry in which it operates, effectively forcing its competitors to adopt its free trading offer. Having built a large customer base with free trades, the company has expanded its offerings as it looks to attract active investors. Some of the more innovative efforts have included cryptocurrency trading and sports betting.
Image source: Getty Images.
Source Fool.com
Visa Inc. A Stock
The stock is an absolute favorite of our community with 50 Buy predictions and no Sell predictions.
With a target price of 356 € there is a positive potential of 21.03% for Visa Inc. A compared to the current price of 294.15 €.
