All investments involve risks, including the possible loss of principal.

Neither receipt of stock through this program nor identification of a particular security in communications related to this program constitutes a solicitation of the security or a recommendation to buy, sell, or hold the security. This is not investment advice or a recommendation of any security, transaction, account type, investment strategy involving securities, or order.

The 20 stocks that are available to choose from, subject to inventory availability, are selected by choosing the two largest S&P 500 companies within the top 10 sectors based on market cap per 09/16/2022 data shown by TradingView, an unaffiliated entity; are shown in descending order by market cap; and are a trademark of their respective third party mark owner. Stocks shown have the largest market cap of the 20 available stocks. Robinhood is not affiliated with or endorsed by the third party owners. 

Customers have 60 days to select their stock before their reward stock expires. Stock rewards cannot be sold until 3 trading days after the reward is granted and the cash value of the stock rewards may not be withdrawn for 30 days after the reward is claimed. See full terms and conditions here.

Fractional shares are illiquid outside of Robinhood and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of our Customer Agreement.