Retail Traders Are Back and Savvier Than BeforeHeres What Theyre Betting On [Video]

Retail investors are flocking back to the stock market, and their investing behavior is savvier than during previous periods such as the meme stock frenzy of 2021.

A resurgence in equities, with the S&P 500 hitting a series of record highs in recent months, has helped draw skittish investors back, and they in turn have helped fuel some of the rally. And this time, they’re paying a lot more attention to company fundamentals and how they trade as opposed to simply buying whatever stock is trending on Reddit as in 2021. 

“Our customer base is not just buying, not just jumping in, but they’re actually really focused on what the movements of the stocks have been,” Steph Guild, senior director of investment strategy at Robinhood, said in an interview.

Robinhood (HOOD) added 130,000 of what it calls funded customers—those who have at least one Robinhood account with a balance and have completed at least …