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Cramer attributes the market's resilience to young 21-year-old investors on Robinhood, as HOOD shares surge 33% monthly and platform assets reach $369 billion.
CNBC host Jim Cramer stated on September 3 that the influx of young investors into Robinhood is the main reason why the US stock market has not collapsed yet. Robinhood (Nasdaq: HOOD) shares have risen 33.38% in the past month, now trading at $124.71. The company's total revenue for Q2 2026 increased by 32% to $1.308 billion, with total assets on the platform reaching $369 billion and net deposits hitting a record $21.7 billion, representing an annualized growth rate of 28%.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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