From Yahoo Finance: 2025-05-11 16:45:00

Jim Simons’ Renaissance Technologies identifies 15 top stocks, including Robinhood Markets, Inc. (HOOD). Simons’ Medallion Fund boasts impressive returns, and Renaissance’s funds show strong performance in 2024. Robinhood reports record earnings and revenue growth in Q1 2025, attracting analysts’ positive outlooks. Despite its potential, other AI stocks may offer greater returns.

Renaissance Technologies holds a $450 million stake in Robinhood Markets, Inc. (HOOD) with 79 hedge fund holders. HOOD reports strong Q1 2025 earnings, surpassing revenue expectations and doubling gold subscribers. Analysts reiterate positive ratings on HOOD due to its growth trajectory and share repurchase programs. HOOD ranks 14th on the list of best stocks by Renaissance Technologies.

For the best hedge fund returns, it’s important to follow top stock picks like those from Renaissance Technologies. Quarterly newsletters selecting 14 stocks have outperformed the market by 218 percentage points since 2014. While HOOD shows promise, other AI stocks may offer higher returns. Consider exploring the potential of AI stocks with significant upside.

Read more: Is Robinhood Markets (HOOD) the Best Stock to Buy According to Jim Simons’ Renaissance Technologies?