5 Best Stocks For Passive Income (On Robinhood)

Published on November 29, 2020

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These are my 5 best stocks for passive income that I have invested with Robinhood
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Coming in at 5 is Starbucks. Starbucks has been a great stock for me and I really like what they have been able to do with their online/ app. Starbucks app is actually one of the most used online payment methods in the US and I believe is a great thing for the future of the company. Starbucks also dominates the coffee sector around the world.

At number 4 is PayPal. PayPal has been absolutely crushing it and I believe will continue to do so as it is one of the best online payment platforms to exist. PayPal as well as some of it’s other companies like Venmo will continue to do well as their industry is estimated to continue better than average growth in the next few years.

Nike is next on the list at number three. Nike unlike other retail specific companies has managed to continue to perform well against amazon and has seen an increase in online sales. Nike has been a great company and has been widely used by athletes and many others for years.

Microsoft is coming in at number two. Microsoft has been one of the most dominate tech companies for decades and I believe they will continue to do so for years to come. Microsoft has many different streams of revenue that continue to grow and will likely be dominate in its industry for years to come.

Last but not least is Apple as my best performing stock on the Robinhood app. Apple is not only my best performing stock but is also the world’s largest company. Apple has done a great job changing the cell phone industry but continues to be an industry leader. Although very dependent on iPhone sales, apple continues to diversify its revenue with other products and services like its iPad, Mac, Apple watches, software sales and more.

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Disclaimer: I am not a market professional, and investing in the stock market is inherently risky and should always be done with caution. This video is only for educational and entertainment purposes and you are investing at your own risk, only invest what you are willing to lose. All opinions are my own.
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