Buying a stock is deceptively easy, but purchasing the right stock at the right time without a proven strategy is incredibly hard. So, what are the best Robinhood stocks to buy now or put on a watchlist? At the moment, Palantir Technologies (PLTR), Meta Platforms (META) and Taiwan Semiconductor (TSM) are standout performers.
This trio is also part of the Robinhood Top 100 Stocks list, the most popular stocks among traders using the platform. Unlike meme stocks such as GameStop (GME) and AMC Entertainment (AMC), the selections below offer a mix of solid fundamental and technical performance.
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This Method Helps Find Stocks That Outperform The Market Over Years
Best Robinhood Stocks To Buy: The Crucial Ingredients
There are thousands of stocks trading on the NYSE and Nasdaq. But to generate big gains you have to find the very best. The best Robinhood stocks for investors will be those that offer a mix of strong earnings and stock market performance.
The IBD Methodology offers clear guidelines on what you should be looking for. Invest in stocks with recent quarterly and annual earnings growth of at least 25%. Look for companies that have new, game-changing products and services. Also consider not-yet-profitable companies, often recent IPOs, that are generating tremendous revenue growth.
The Market Is Key When Buying Robinhood Stocks
A key part of investing is to keep track of the market. Most stocks, even the very best, follow the market direction. Invest when the stock market is in a confirmed uptrend and move to cash when the stock market goes into a correction.
The stock market turned in stunning gains in 2023 and and 2024. The major indexes surged to record highs in the wake of Donald Trump’s presidential victory, though a more cautious outlook from the Fed on interest rates is weighing on stocks.
The stock market is off recent highs, but fighting back. The S&P 500 has rallied back to its 50-day moving average while the Nasdaq composite has just retaken the key benchmark.
Investors should be looking to buy high-quality issues with good growth prospects. The selections below are among the best stocks to buy or watch now. The IBD 50 is also a rich hunting ground.
Nevertheless, it remains crucial to stay on top of sell signals. Any stock that falls 7% or 8% from your purchase price should be jettisoned. Also beware of sharp breaks below the 50-day or 10-week moving average.
Things can change quickly when it comes to the stock market. Make sure to keep a close eye on the market trend page here.
Best Robinhood Stocks To Buy Or Watch
Now let’s look at Palantir stock, Meta Platforms stock and Taiwan Semiconductor stock in more detail. An important consideration is that these stocks are solid from a fundamental and technical perspective. Institutional sentiment is also positive.
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Palantir Stock
The artificial intelligence stock is offering an entry as it rebounds off the 50-day moving average. It is actionable as much as 5% above this benchmark.
But shares have hit resistance at the 21-day line and are still below their 10-week lines.
More conservative investors may prefer to add PLTR to their watchlist so they can wait for a base to form.
In addition, the relative strength line is turning higher again following a recent dip. This is an encouraging sign.
Overall performance is strong, which is reflected in PLTR’s best-possible IBD Composite Rating of 99.
Palantir is a data analytics firm which serves government and commercial clients. It provides analytics tools for intelligence gathering, counterterrorism and military purposes. Now, the firm is aiming to use generative AI to spur growth in the U.S. commercial market.
Earnings performance is a key strength for the stock, which has a very strong EPS Rating of 97 out of 99.
Indeed, earnings have grown by an average 61% over the past three quarters, impressive performance in anyone’s book.
More progress is expected going forward, with Wall Street analysts seeing EPS rising 23% in 2025.
There has been more buying than selling among institutions of late, which is reflected in the stock’s Accumulation/Distribution Rating of B+.
In total, 35% of Palantir stock is held by funds, according to MarketSurge data.
The stock soared by a remarkable 340% in 2024. Its impressive performance netted it a spot on the benchmark S&P 500 index back in September.
At AIPCon 5, clients such as the National Geospatial-Intelligence Agency, Aramark, and Mount Sinai demonstrated Palantir AI technologies in better supply chain management, operational efficiencies and health patient care. However, Palantir has not disclosed pricing for AI products.
Consulting firm Bain said the total addressable market for AI hardware and software will grow 40% to 55% for at least the next three years.
Finally, Palantir is a member of the prestigious IBD Sector Leaders list. This is IBD’s most stringent and powerful screen.
Meta Platforms Stock
The social media stock is back in a buy zone after reclaiming a flat-base ideal entry point of 602.95, MarketSurge analysis shows.
But there’s also a new flat base with a 638.40 entry.
The relative strength line had been moving sideways during its consolidation phase but is now bending upward. This line reflects a stock’s gains vs. the benchmark S&P 500.
META stock went on a strong run last year, rising by just over 65%. This easily eclipsed the S&P 500’s lift. It is already up more than 5% so far in 2025
The stock is an excellent all-around performer, with its IBD Composite Rating coming in at a mighty 98 out of 99. Earnings performance is key here, with its EPS Rating sitting at 96.
Earnings have grown an average 59% over the past three quarters. This is comfortably clear of the 25% growth levels sought by investors following The IBD Methodology.
Strong earnings are expected by Wall Street, with full-year EPS seen rising 46% in fiscal 2024 before slowing to 12% growth in 2025.
Big Money has been mostly standing pat on the stock of late, with its Accumulation/Distribution Rating of C reflecting a balance of selling than buying. In total, 47% of META stock is currently held by funds, according to MarketSurge data.
Meta Platforms has a robust roster of social media properties including Facebook, Instagram and WhatsApp.
The social media stock is a turnaround story. It has been boosted by job cuts amid an efficiency drive by Chief Executive Mark Zuckerberg, as well as an online advertising revival.
The firm is betting big on the nascent space of artificial intelligence. Meta recently told investors it expects to spend $38 billion to $40 billion on capital expenditures this year, up from its previous range. The company also said it expects “significant capital expenditures growth” for 2025.
Those investments will focus mostly on building advanced data-center capacity to support training and deploying AI algorithms.
During the earnings call, Zuckerberg said there are several opportunities to use AI to improve Meta’s core business.
“So I think we should invest more there,” Zuckerberg said. “And second, our AI investments continue to require serious infrastructure, and I expect to continue investing significantly there too.”
It has also been reported that the social media firm is looking to add displays to its Ray-Ban branded smart glasses next year as it “accelerates” its smart glasses rollout.
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Taiwan Semiconductor Stock
The chipmaker is in a buy zone after retaking a 205.63 cup-with-handle buy point, according to MarketSurge analysis.
The stock is rallying after getting support at its 21-day exponential moving average, which allowed it to hold clear of the important 50-day line.
In addition, the relative strength line has been rallying back in recent weeks following a dip, a further bullish sign.
The chipmaker’s customers include AI juggernaut Nvidia (NVDA), iPhone giant Apple (AAPL) and AMD (AMD).
Overall performance is strong, which is reflected in TSM’s near-perfect IBD Composite Rating of 98.
Earnings performance is particularly noteworthy, with the stock holding an EPS Rating of 98 out of 99.
Indeed, earnings have grown an average of just over 30% over the past three quarters. This is clear of the 25% growth sought by those following IBD investing principles.
Taiwan Semiconductor stock has been performing well in 2025, with its stock price swelling by nearly 9% so far this year. This is above the benchmark S&P 500’s lift.
Institutions have been net buyers of TSM stock of late, with its Accumulation/Distribution Rating coming in at B. However just 7% of its shares are held by funds, according to MarketSurge data.
The lauded Fidelity Contrafund (FCNTX) and the respected Janus Henderson Forty Fund (JARTX) are among the noteworthy holders of the stock.
The company was boosted after it posted it latest quarterly report Thursday. EPS surged 53% to $2.24 per U.S. share while sales rose 36% to $26.88 billion in the quarter ended Dec. 31. Analysts polled by FactSet had expected TSMC to earn $2.20 a share on sales of $26.24 billion.
For the current quarter, the firm guided for revenue of $25 billion to $25.8 billion. The midpoint of $25.4 billion topped Wall Street’s target of $24.92 billion. In the first quarter last year, it posted sales of $18.32 billion.
“Moving into first quarter 2025, we expect our business to be impacted by smartphone seasonality, partially offset by continued growth in AI-related demand,” Chief Financial Officer Wendell Huang said.
TSMC also guided to 2025 revenue growth in the mid-20s percentage range. The consensus estimate of analysts had been for sales growth of 22% this year.
Please follow Michael Larkin on X at @IBD_MLarkin for more analysis of growth stocks.
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