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Monday, February 1, 2021

'Popular Robinhood Stock That Could Be Better Than Bitcoin in 2021'

It's been a rollercoaster ride for bitcoin already in 2021, and the year is still young.

However, I wouldn't be surprised if bitcoin delivers solid returns over the next 11 months. On the other hand, I also think that Robinhood investors like several stocks that could generate even higher returns. Here's one popular stocks on the no-cost trading platform that could be better than bitcoin in 2021.

Inovio Pharmaceuticals

Perhaps the most critical milestone for the world this year will be the massive rollouts of COVID-19 vaccines. The vaccine developed by Inovio Pharmaceuticals (NASDAQ:INO) could be among those administered in 2021. 

Inovio turned in a tremendous performance last year, with its shares soaring 168%. That gain could be a drop in the bucket, though, if the biotech's INO-4800 COVID-19 vaccine proves safe and highly effective.

It will be later in the year before we know more about the real potential for INO-4800. Inovio is currently evaluating the experimental vaccine in a phase 2 clinical study. 

The biotech stock could have another major catalyst on the way, though. Inovio expects to report results from a late-stage study of VGX-3100 in treating precancerous cervical dysplasia in the first half of 2021. Positive results from this study could set the stage for a regulatory filing for VGX-3100.

https://www.fool.com/investing/2021/01/28/3-popular-robinhood-stocks-that-could-be-better-th/

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