I might want to avoid Robinhood favorite stocks, but it's difficult:
https://robinhood.com/collections/100-most-popular
For example, I hold call options on Spirit Airlines, which 50% of Robinhood investors have also bought. Slightly more popular is Delta Airlines (55% owned), which Warren Buffet dumped last year at a big loss, if I recall correctly.
Robinhood account holders bought Tesla (32%), and also Ford (22%). I'm really curious to know how much those investors overlap! They seem like opposites.
Meh, I glance at this list every now and then, and there are some good ones... VOO for instance would be one you might consider, WMT, MSFT, V etc, are some of the ones, I would think that shouldn't give you too much pause. But then again XPEV, NIO OGI, etc are probably bad buys. (I have no real research to say either way.)
Yea, I agree in general avoid these types of list. Lots of it is trying to push FOMO by saying, "Well, everyone else is doing it why not you?"
But given the question and where your at I suspect most will also say avoid it, stick with things like VOO, etc. The FOMO of these just isn't worth it for the most part.
Is this the same group that bought SIGL based on Elon's tweet?
Yup, though I don't know if those ever made this list, but I do know it made the "People are buying this NOW list", which I personally avoid like the plague.