Robinhood's Lofy Valuation: A Vote of Confidence or Cautionary Tale?

Robinhood Markets’ HOOD shares are trading at a massive premium to the industry. At present, the company has a forward price/earnings (P/E) of 67.23X compared with the industry average of 14.81X.Price-to-Earnings F12M Image Source: Zacks Investment ResearchFurther, HOOD stock looks expensive compared with its peers -- Charles Schwab SCHW and...