WallStreetBets Retail Traders Take Aim At Tech With Tesla, Nvidia, Apple Among Most-Mentioned Stocks
Portfolio Pulse from Adam Eckert
Tesla, Nvidia, and Apple are the most discussed stocks on WallStreetBets. Tesla's popularity is due to its high implied volatility and CEO Elon Musk's direct communication with shareholders. Nvidia has benefited from the AI-fueled rally this year, with its stock price nearly tripling. Apple is seeing strong early demand for its new iPhone 15. Other stocks mentioned include Arm Holdings, NIO, C3.Ai, Walt Disney, and Intel.
September 20, 2023 | 6:59 pm
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NEGATIVE IMPACT
Apple is a popular topic on WallStreetBets, despite a 0.9% drop in shares.
Apple's new iPhone 15 is reportedly seeing strong early demand. However, the recent drop in shares could indicate a potential short-term downturn.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Nvidia is the second most mentioned stock on WallStreetBets, despite a 0.81% drop in shares.
Nvidia has been a major beneficiary of the AI-fueled rally this year, which has nearly tripled its stock price. However, the recent drop in shares could indicate a potential short-term downturn.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Tesla is the most discussed stock on WallStreetBets, with shares up 2.02%.
Tesla's high implied volatility and CEO Elon Musk's direct communication with shareholders make it a popular choice among retail traders. This increased attention could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100