Happy Friday, investors! Shares of Johnson & Johnson dropped yesterday after the company issued a recall for sunscreen products. Today's Featured Stock Story 8 Robinhood Stocks Investors Are Buying in Q3Popular trading app Robinhood and its investors are once again in the spotlight heading into the third quarter after the company officially filed for its highly anticipated initial public offering in late June.
Robinhood reported nearly 18 million active users in its filing and about $80 billion in assets.
The company also estimates nearly half of all new U.S.-funded retail accounts opened from 2016 and 2021 were Robinhood accounts. The relatively young and inexperienced Robinhood trader base has had some huge hits and misses in recent quarters.
Here are the eight most popular stocks owned by Robinhood users:
1. Ford Motor Co. (ticker: F). Ford's recently launched Mustang Mach-E electric vehicle has been a massive success and even won Car and Driver's 2021 EV of the Year award in early July. In May, Ford upped its planned investment in EV and autonomous vehicle technology from $22 billion to $30 billion through 2025.
2. Tesla (TSLA). Tesla was a huge winner for Robinhood investors in 2020, finishing the year up about 700%. Unfortunately, Tesla is down about 10% year to date amid rising EV competition.
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Nasdaq14,543 (-0.7%)
S&P 5004,360.03 (-0.33%)
* Market data as of Thursday's close
Here's what you missed in the markets yesterday.
Spotlight on Dividend Stocks S&P 500's 10 Best Dividend Stocks in 2021
So far in 2021, the S&P 500 Index has jumped an impressive 16% as stocks have ridden the rebound in optimism about the American economy. More importantly, a host of dividend stocks in this index have surged even more – in part because of raising or reinstating dividends now that the disruptions of the pandemic are clearly in the rearview mirror. Check out the list of top performers. Investing in commodities and precious metals. As individual investors and seek to hedge against inflation risk in their portfolios, commodity and precious metal investments come into the spotlight. To get a clearer picture of the commodity and precious metal markets, we spoke with Robert Minter, director of ETF investment strategy at Aberdeen Standard Investments. Read our Q&A. Unemployment benefits claims drop. Markets ended mixed Thursday. The S&P 500 and tech-centric Nasdaq posted losses, while the Dow Jones Industrial Average gained slightly.
Meanwhile, initial claims for regular state unemployment benefits fell to 360,000, a new pandemic low.
The Dow Jones Industrial Average rose 53 points, or 0.15%, to end at 34,987.
JNJ falls on recall news. Shares of Johnson & Johnson (JNJ) fell 1.2% Thursday on the news that the brand had recalled a slew of Neutrogena and Aveeno spray sunscreens.
Tests on the sunscreen sprays turned up the presence of benzene, a chemical that can cause cancer. Netflix sinks despite hiring announcement. Shares of Netflix (NFLX) fell about 1% Thursday. That's despite news that it has hired former Facebook (FB) and Electronic Arts (EA) executive Mike Verdu to head its new video games unit.
- Caught Our Eye written by Susannah Snider Today's earnings reports. Companies expected to report today include Charles Schwab Corp, (SCHW), Ericsson (ERIC), State Street Corp. (STT) and Kansas City Southern (KSU). Explore Stock and Fund Rankings Top Motor Vehicle StocksData as of April 20, 2025 | 
