From Nasdaq

May 18, 2025 3:55 am:

Financial stocks have been volatile due to interest rates, affecting investors’ decisions. Despite fluctuations, long-term growth is expected as new investors enter the market. Robinhood Markets (HOOD), Nu Holdings (NU), and Coinbase Global (COIN) are recommended with a $3,000 investment.

Robinhood saw growth from 2021 to 2024, attracting young investors with commission-free trades. Nu Holdings tripled customers from 33.3M to 114.2M from 2021 to 2024, turning profitable in 2023. Coinbase’s revenue fell from $7.8B to $6.6B in 2024 but is expected to grow at a CAGR of 6.5% to $7.9B in 2027.

Investors should consider long-term potential before investing in Robinhood Markets. The Motley Fool’s Stock Advisor analysts have identified the 10 best stocks, excluding Robinhood. Historical recommendations have shown significant returns, with the average return outperforming the S&P 500.

Read more at Nasdaq: 3 Financial Stocks to Buy With $3,000 and Hold Forever