Robinhood Markets (HOOD) Moves 23.5% Higher: Will This Strength Last?

Robinhood Markets, Inc. (HOOD) shares rallied 23.5% in the last trading session to close at $42.21. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6% loss over the past four weeks.Robinhood Markets shares rallied sharply, benefiting from broad market strength following President Donald Trump’s announcement of a 90-day suspension on tariffs for non-retaliating countries. The policy shift eased trade tensions and improved market sentiment, fueling a sharp uptick in HOOD shares.This company is expected to post quarterly earnings of $0.35 per share in its upcoming report, which represents a year-over-year change of +94.4%. Revenues are expected to be $899.97 million, up 45.6% from the year-ago quarter.While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For Robinhood Markets, the consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on HOOD going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Robinhood Markets belongs to the Zacks Financial - Investment Bank industry. Another stock from the same industry, Tradeweb Markets (TW), closed the last trading session 2% higher at $128.02. Over the past month, TW has returned -7.3%.Tradeweb's consensus EPS estimate for the upcoming report has changed -1.4% over the past month to $0.85. Compared to the company's year-ago EPS, this represents a change of +19.7%. Tradeweb currently boasts a Zacks Rank of #3 (Hold).7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report Tradeweb Markets Inc. (TW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks