Even as shares of retail trading platform Robinhood have pulled back more than 11% so far this week, investors should still be cautious about jumping back in, according to Payne Capital Management senior wealth advisor Courtney Garcia. Robinhood stock was higher on Wednesday, climbing roughly 8%. It entered 2025 on a high note after President Donald Trump’s election win and a swell of enthusiasm tied to his pro-cryptocurrency position. The broader market regained some ground on Wednesday, with the Nasdaq Composite adding 1%, following three weeks of losses. But Garcia said much of the upside from the cryptocurrency story for Robinhood has already been priced into the stock. She joined CNBC’s “Power Lunch” on Wednesday to discuss Robinhood, as well as Johnson & Johnson and AT & T . Robinhood Garcia said higher trading volumes on Robinhood’s platform aren’t enough to convince her that shares have room to appreciate. “I would actually stay away from Robinhood here,” Garcia said. “What you’re seeing is, with this new administration, people were very pro crypto and you’re seeing more trading going in there which has benefited them, but a lot of that I think has already been priced in.” Shares have advanced about 6% in 2025. Seven of 10 analysts polled by FactSet who cover the stock rate it the equivalent of a buy, with the consensus 12-month price target on Robinhood implying more than 74% upside ahead. “What you’re seeing is they kind of trade with that risk-on trade,” she added. AT & T Garcia said telecommunications provider AT & T has a value profile, and lauded the company’s efforts to pay back its debt. “Even with their debt load, you’re seeing that they’re having optimism that they are going to bring down their debt,” Garcia said. “Plus, they have $10 billion in share buybacks [scheduled] later this year, which is just showing optimism in their cash flow and how the company is doing in order to sustain their dividend moving forward.” Shares have gained more than 13% in 2025. Seventy percent of analysts covering AT & T rate it the equivalent of a buy, according to FactSet, with the consensus price target calling for more than 5% upside ahead over the next 12 months. Garcia also called AT & T a turnaround story due to its planned divestiture of its stake in DirecTV later this year. AT & T pays a dividend yield equal to about 4.27%, according to FactSet data. Johnson & Johnson While Garcia said she is somewhat neutral on Johnson & Johnson stock, she noted that she still thinks it is a worthwhile value stock. “This is a company I always use as an example of a value company. It’s not going to change the world overnight, [but] it does pay a good dividend,” she said. “This is a company that does tend to weather economic downturns.” Johnson & Johnson has advanced about 13% in 2025. Roughly 48% of the analysts covering the stock rate it the equivalent of a buy, according to FactSet, and the consensus price target suggests maybe 5% upside in the coming year. J & J pays a dividend equal to roughly a 2.99% yield.
