The most popular stock companies in 2023 – Tejarat News
According to Tejarat News, small investors every year want the most popular market stocks to be introduced for safe and secure investment. As VandaTrack puts it: Retail investors are still a force to be reckoned with and viewed as an important member of the market. These investors add an average of $1.5 billion to US markets every day. Such an amount is a record-breaking inflow, which begs the question: What are investors buying?
To understand this, the site Visual Capitalistreports the 10 most popular stocks of 2023 as of February 15.
Many of the names on this list are quite predictable and too well known to need introduction. They represent eight of the world’s largest and best-known technology companies, as well as two very popular US exchange-traded funds. The American stock market plays an important role in managing this capital.
Tesla; The most popular stock of the year
Taking a closer look at the numbers, Tesla’s retail net cash flow of $9.75 billion is greater than the combined total of all other stocks individually ($8.5 billion). That’s a sign that investors still have a lot of faith in Tesla, even though its market share is shrinking. Another important point of Tesla’s presence at the top of the list of the most popular stocks in 2023 was the impact of Twitter’s purchase by Elon Musk on the brand’s economy. It seems that the small investors of the stock market still trust Tesla.
Second place in popularity of shares; S&P 500
In second place by a large margin is the S&P 500, which has about $3.5 billion in net retail sales since the beginning of the year.
Amazon and Apple in third and fourth place
After that, and again with a difference with the second case, in the third and fourth place are the shares of Amazon and Apple, each of which had 1.7 and 1.6 billion dollars in net retail sales, respectively. Microsoft shares are in 10th place with about 700 million dollars.
Perhaps the stock with the fewest appearances in the top 10 is AMD. In recent years, this chip maker has been able to take a significant share of the market from its longtime rival, Intel.
What are meme shares?
Meme stocks are a type of stock that increases in value exponentially after going viral on social media, without the stock itself having any particular fundamental value.
Several meme stocks made the broader top 100 list. These stocks include the likes of Bed Bath & Beyond, which ranks 47th with $114 million in net retail sales. The retail company is struggling to avoid bankruptcy and recently raised $225 million through a public offering of preferred stock. Another $800 million could be on the way if certain conditions are met.
The company says it is committed to paying its outstanding debt and is closing stores to cut costs. AMC Entertainment, which has seen significant volatility during the coronavirus pandemic, ranked 52nd on the list of small investors with $90 million in net cash flow.
This stock has returned 27% since the beginning of this year until February 15. The revenues of this movie and entertainment company have recently been reported to be improving compared to the conditions during the pandemic, but have not yet reached the level before 2020.