Emily Flippen

Crypto and options trading volumes came back.

Higher interest rates led to strong high margin revenue.

And management went into cost-cutting mode, bringing operating expenses down by nearly 50%.

Shares have since roared.

But in 2025, it seems like shares have

continued to roar after rising over 200% in 2024.

Shares are up another 250% in 2025 alone.

Jeff, when I look at this performance versus the fundamentals, there's some part of me that can make sense of it.

But on the other hand, it's still priced incredibly loftily at nearly 30 times board sales.

So is there something here beyond just a meme stock craze?

It certainly performed better than I expected.

I will say, though, as much as I've written off this company incorrectly over the course of the past couple of years, I think buying today is buying at peak hype, so to speak.

It could be an interesting one to add to a well-diversified portfolio if and when trading volumes start to fall.

and the tide start to shift away from Robinhood in terms of just some of the user growth and trading volumes that depend heavily on external factors, in my mind, that's an interesting time to be adding Robinhood to a diversified portfolio.

Coming up next, we're digging into what's causing the decline in alcohol sales, and if that's just a trend or a seismic shift.

Stick with us.

Welcome back to Motley Fool Money.

Last week, a stock I own and have historically really liked reported earnings, and I was miffed.

Constellation Brands, that ticker is STZ, is the owner of beer brands like Pacifico, Modelo, and Corona.

They reported earnings, and they have historically been a little bit more resilient in terms of alcohol brands, but now they're facing the same slowdown that has plagued companies like Boston Beer.