Retail investors are piling into these 10 stocks as a new bull market gets started

retail-investors-are-piling-into-these-10-stocks-as-a-new-bull-market-gets-started

Retail investors are returning to the stock market as a new bull market begins and sentiment improves.”With an average flow into US markets of $1.36 billion per day over the past week, retail traders are officially back in the mix,” Vanda Research said.These are the top 10 stocks that have seen the heaviest buying pressure from retail investors over the past week. Loading Something is loading.

Thanks for signing up!

Access your favorite topics in a personalized feed while you’re on the go.

Retail investors are finally returning to the stock market as a new bull run begins and as investor sentiment starts to improve, according to Vanda Research.

A combination of better-than-expected economic data, a resilient jobs market, and growing hype around the potential of artificial intelligence have been just a few factors that have driven stock prices higher over the past few weeks.

“With an average flow into US markets of $1.36 billion per day over the past week, retail traders are officially back in the mix after a three-month lull,” Vanda Research said in a recent note.

The research firm tracked the top stocks that have seen the most buying from retail investors over the past week, with names including mega-cap tech firms, companies exposed to the AI gold rush, and a beaten down telecom company. 

These are the top 10 stocks purchased by retail investors over the past week, according to Vanda Research.

10. Palantir Technologies

Arnd Wiegmann/Reuters Ticker: PLTR

Five-day Net Retail Purchases: $58.2 million

Year-to-date performance: 134.8%

9. C3.ai

SOPA Images / Getty Images Ticker: AI

Five-day Net Retail Purchases: $61.8 million

Year-to-date performance: 226.9%

8. Meta Platforms

Getty Images Ticker: META

Five-day Net Retail Purchases: $68.1 million

Year-to-date performance: 120.7%

7. Microsoft

Justin Sullivan/Getty Images Ticker: MSFT

Five-day Net Retail Purchases: $70.2 million

Year-to-date performance: 36.7%

6. Verizon

A ‘Now Hiring’ sign is posted at a Verizon store on July 26, 2022 in Los Angeles, California. Mario Tama/Getty Images Ticker: VZ

Five-day Net Retail Purchases: $87.1 million

Year-to-date performance: -10.2%

5. Amazon

Getty Ticker: AMZN

Five-day Net Retail Purchases: $189.3 million

Year-to-date performance: 47.6%

4. Advanced Micro Devices

AMD CEO Lisa Su Steve Marcus/Reuters Ticker: AMD

Five-day Net Retail Purchases: $203.5 million

Year-to-date performance: 92.7%

3. Nvidia

Jensen Huang, CEO of Nvidia, reacts to a video at his keynote address at CES in Las Vegas, Nevada, U.S. January 7, 2018. Rick Wilking/Reuters Ticker: NVDA

Five-day Net Retail Purchases: $326.4 million

Year-to-date performance: 167.5%

2. Apple

(Photo by Fernando Gutierrez-Juarez/picture alliance via Getty Images) Ticker: AAPL

Five-day Net Retail Purchases: $385.9 million

Year-to-date performance: 39.8%

1. Tesla

Tesla worker told Bloomberg that the company tracks their keystrokes. Michael Macor/The San Francisco Chronicle via Getty Images Ticker: TSLA

Five-day Net Retail Purchases: $1.22 billion

Year-to-date performance: 99.3%


Leave a comment

Your email address will not be published. Required fields are marked *