Investing Simple Logo
Get 1 Free Stock Worth Up To $200 From Robinhood!
Sign up with Robinhood, deposit any amount and get 1 Free Stock. It takes less than 3 minutes to sign up and claim your Free Stock Bonus.
Earn 5.00% APY with M1 High-Yield Savings Account
M1 Plus members can earn 5.00% APY on their deposits with no minimum balance required.
Webull free stock promotion
Get Up To 5 Free Stocks From Webull
Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Webull offers commission free stock, ETF, option and crypto trading.
Written by Krysten Zinon on March 25, 2023
FTC Disclosure: Some of the links on this site are affiliate links. Read our full disclaimer here.

What Stocks To Buy On Robinhood To Make Money From In 2023

Investing in the stock market can be a lucrative endeavor, but it also carries risk.

There are no guarantees that you'll make money, but with a defined strategy and research, you can increase your chances of success.

If you're using Robinhood and looking for stocks that could potentially make you money, there are some do's and don'ts to keep in mind.

1. Consider Profitability

One important principle to keep in mind is to invest in companies that are profitable and have a strong track record of growth.

Look for stocks that have a proven business model, solid financials, and a history of delivering positive returns.

On the other hand, avoid investing in companies that are unprofitable and have a history of losses.

These companies may have the potential for growth, but they are also more likely to fail.

2. Avoid Hype & Speculation

Meme stocks, which are stocks that have gained popularity on social media and are often driven by hype and speculation, are also not a reliable way to make money in the stock market.

They can be highly volatile and often experience wild price swings.

3. Avoid IPOs

It's also generally important to avoid investing in recent IPOs, which are companies that have just gone public.

While IPOs can be exciting and offer the potential for big gains, they are also inherently risky.

Many IPOs are overvalued and overhyped, and they often underperform in the months and years following their debut.

Instead, consider investing in established companies with a proven track record of growth.

4. ETF Dollar Cost Averaging

One strategy that many investors use is dollar-cost averaging into high-yield ETFs.

With this strategy, you invest a fixed amount of money at regular intervals, such as every month.


Another strategy is to invest in companies with a strong competitive advantage, such as those that have proprietary technology, strong brand recognition, or a dominant market position.

These companies are more likely to generate consistent profits and deliver strong returns to their shareholders.

Don't forget to grab your free stock worth up to $200 from Robinhood today!

Article written by Krysten Zinon

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
Copyright © 2018 – 2023 Investing Simple LLC. All Rights Reserved.
Investing Simple is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Investing Simple has advertising relationships with some of the offers listed on this website. The information on Investing Simple could be different from what you find when visiting a third-party website. All products are presented without warranty. For more information, please read our full disclaimer.
Website managed by Stallion Cognitive™

Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram