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.
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
Ticker: PLTR
Five-day Net Retail Purchases: $58.2 million
Year-to-date performance: 134.8%
9. C3.ai
Ticker: AI
Five-day Net Retail Purchases: $61.8 million
Year-to-date performance: 226.9%
8. Meta Platforms
Ticker: META
Five-day Net Retail Purchases: $68.1 million
Year-to-date performance: 120.7%
7. Microsoft
Ticker: MSFT
Five-day Net Retail Purchases: $70.2 million
Year-to-date performance: 36.7%
6. Verizon
Ticker: VZ
Five-day Net Retail Purchases: $87.1 million
Year-to-date performance: -10.2%
5. Amazon
Ticker: AMZN
Five-day Net Retail Purchases: $189.3 million
Year-to-date performance: 47.6%
4. Advanced Micro Devices
Ticker: AMD
Five-day Net Retail Purchases: $203.5 million
Year-to-date performance: 92.7%
3. Nvidia
Ticker: NVDA
Five-day Net Retail Purchases: $326.4 million
Year-to-date performance: 167.5%
2. Apple
Ticker: AAPL
Five-day Net Retail Purchases: $385.9 million
Year-to-date performance: 39.8%
1. Tesla
Ticker: TSLA
Five-day Net Retail Purchases: $1.22 billion
Year-to-date performance: 99.3%
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