Robinhood: Why I'm Buying More
HOODRobinhood(HOOD) Seeking Alpha·2024-09-12 22:38

kramikel Investment Thesis Robinhood (NASDAQ:HOOD) is a steal. Case in point, revenue growth rates are expected to remain very strong into the back half of 2024. If I were to pinpoint one blemish from its Q2 2024 earnings report, it would be that its free cash flow was subdued. That being said, that's because of the massive amount of working capital used this quarter. We should expect this working capital usage to reverse in the coming quarters. Furthermore, Robinhood's underlying EBITDA is now expected to ...