10 Robinhood Stocks to Buy That Are Too Cheap to Ignore

The recent news of a new proposal to the Securities and Exchange Commission (SEC) that would tighten regulations on stock trading execution has Robinhood, a retail broker, and other stock wholesalers up in arms. This new regulation would not help individual investors, and there is fear that contagion from FTX could affect trades being processed by Jump Crypto. To help individual investors, Robinhood is offering a 1% “match” to customers who contribute money to an individual retirement account via the investing app.

In this article, we will be taking a look at 10 Robinhood stock to buy that are too cheap to ignore. To skip our detailed analysis of these stock and get straight to the list of top stock, go to the table below.

First, it’s important to understand why the SEC changes would be detrimental to the retail investor. The SEC proposal would require stock to provide the best possible execution for customer orders. This means that brokers would have to send their customer orders to the exchanges that will provide the best prices for the stock. This could mean that the broker would have to send the customer orders to multiple exchanges, which would cost the broker money. As a result, brokers would have to charge customers more for their services, which could reduce the amount of money customers are willing to invest.

It is also important to understand why Robinhood is offering a 1% “match” to customers who contribute money to an individual retirement account via the investing app. Robinhood CEO Vlad Tenev said Tuesday that he is unclear what Sam Bankman-Fried is going to do with his stake in his trading app. Bankman-Fried, through a holding company, pledged his stake in Robinhood as collateral for a loan. By offering a 1% “match” to customers who contribute money to an individual retirement account, Robinhood is offering customers an incentive to invest despite the potential negative effects of the SEC proposal.

To help individual investors make the most of their invest, Benzinga has examined the prospects for many investors' favorite stock over the last week. Here are Wall Street's biggest calls on Monday, Dec. 12:

1. Apple Inc. (NASDAQ:AAPL): Apple shares jumped nearly 3% in early trading on Monday as the company announced it had reached a milestone of two billion active devices worldwide. The tech giant is also expected to launch its AirPods Max headphones soon.

2. Amazon.com, Inc. (NASDAQ:AMZN): Amazon shares rose more than 4% on Monday as the company announced it would be launching a new online grocery store in the U.S. this year.

3. Alphabet Inc. (NASDAQ:GOOGL): Google's parent company saw shares jump more than 3% in early trading on Monday after the company announced it would be launching a new video streaming service in early 2021.

4. Microsoft Corporation (NASDAQ:MSFT): Microsoft shares rose nearly 1% in early trading after the company announced it would be releasing its Xbox Series X console in November.

5. Tesla, Inc. (NASDAQ:TSLA): Tesla shares jumped more than 5% in early trading on Monday after the company released its new Cybertruck.

6. Facebook, Inc. (FB): Facebook shares rose more than 2% in early trading on Monday as the company announced it was launching a new video streaming service, Facebook Watch.

7. Bank of America Corporation (NYSE:BAC): Bank of America shares rose more than 1% in early trading on Monday after the company announced it was launching a new digital banking platform.

8. JPMorgan Chase & Co. (NYSE:JPM): JPMorgan saw shares rise nearly 2% in early trading on Monday as the company announced it was launching a new digital banking platform.

9. Intel Corporation (NASDAQ:INTC): Intel shares rose more than 2% in early trading on Monday after the company announced it would be launching a new processor, the Intel Core i9-10900K, in 2021.

10. NVIDIA Corporation (NASDAQ:NVDA): NVIDIA shares rose more than 3% in early trading on Monday after the company announced it was launching a new GPU, the NVIDIA GeForce RTX 3090, in 2021.

These are 10 stock to buy on Robinhood that are too cheap to ignore. Be sure to do your own due diligence and research before investing in any of these stock.