EXCLUSIVE: Top 10 Most-Searched Tickers On Benzinga Pro In July - See Where Tesla, Carvana, Rivian, Nikola And More Rank
Portfolio Pulse from Chris Katje
Benzinga Pro has released its list of the most-searched stocks for July 2023. The top ten includes Tesla, SPDR S&P 500 ETF Trust, Carvana, Rivian Automotive, Advanced Micro Devices, NVIDIA, Prestige Wealth, Apple, Gorilla Technology Group, and Coinbase Global. Notable changes include Rivian Automotive's jump from outside the top 20 to fifth place, and new IPO Prestige Wealth and Gorilla Technology Group joining the top ten. Coinbase also moved up from 18th to 10th place.
August 04, 2023 | 6:52 pm
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POSITIVE IMPACT
Apple was the eighth most searched stock on Benzinga Pro in July 2023. The stock had a YTD return of +57.1%.
Apple's high search ranking and strong YTD return suggest that the stock could continue to perform well in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Advanced Micro Devices was the fifth most searched stock on Benzinga Pro in July 2023. The stock had a YTD return of +78.7%.
AMD's high search ranking and strong YTD return suggest that the stock could continue to perform well in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Carvana was the third most searched stock on Benzinga Pro in July 2023. The stock had a YTD return of +892.4%.
Carvana's high search ranking and strong YTD return suggest that the stock could continue to perform well in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Coinbase Global was the tenth most searched stock on Benzinga Pro in July 2023. The stock had a YTD return of +193.5%.
Coinbase's high search ranking and strong YTD return suggest that the stock could continue to perform well in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
NVIDIA was the sixth most searched stock on Benzinga Pro in July 2023. The stock had a YTD return of +226.4%.
NVIDIA's high search ranking and strong YTD return suggest that the stock could continue to perform well in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
New IPO Prestige Wealth was the seventh most searched stock on Benzinga Pro in July 2023.
The high search ranking for Prestige Wealth suggests strong investor interest in this new IPO, which could support its stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Rivian Automotive made a significant jump from outside the top 20 to the fifth most searched stock on Benzinga Pro in July 2023. The stock had a YTD return of +59.4%.
Rivian's significant jump in search ranking indicates increased investor interest, which could drive further price appreciation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
SPDR S&P 500 ETF Trust was the second most searched ticker on Benzinga Pro in July 2023. The ETF had a YTD return of +20.2%.
The high search ranking for SPY indicates strong investor interest in the broader market, which could support continued gains for the ETF.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Tesla was the most searched stock on Benzinga Pro in July 2023, maintaining its position from June. The stock had a YTD return of +147.4%.
Tesla's high search ranking indicates strong investor interest, which could drive further price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Gorilla Technology Group was the ninth most searched stock on Benzinga Pro in July 2023. The stock had a YTD return of -78.6%.
Despite its high search ranking, Gorilla Technology Group's negative YTD return suggests that the stock could continue to underperform in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60