Sharesight20 top 20 trades in US stocks – March 2021
Welcome to the March 2021 edition of the Sharesight20USA monthly trading snapshot, where we look at Sharesight users’ top 20 trades in US stocks on the Nasdaq, NYSE and AMEX over the month.
In this Sharesight20USA snapshot, buy trades were strongly led by Tesla (NASDAQ: TSLA), which has seen steadily declining share prices since February. At the same time, sell trades were led by GameStop, which produced mixed Q4 earnings results that caused share prices to surge once again. Other top trades included Apple (NASDAQ: AAPL), Palantir Technologies (NASDAQ: PLTR) and Nio (NYSE: NIO).
Sharesight20 top 20 US stock trades March 2021
Let’s look at the news behind the key stocks in this month’s snapshot:
Tesla (NASDAQ: TSLA)
Analyst predicts Tesla stock could rise 350% by 2025
Tesla cars banned from Chinese military bases amid fears of spying
Elon Musk claims Tesla will surpass Apple ‘in a few months’
Apple (NASDAQ: AAPL)
Apple could expand its Indian market presence in 2021
Could an increase in Apple’s capital spending be a good sign for investors?
Apple shares could continue to lag the market throughout 2021
GameStop (NYSE: GME)
GameStop share price skyrockets 52% despite mixed Q4 earnings
Shares have been 6x more volatile than Bitcoin
GameStop board could experience mass departures
Nio (NYSE: NIO)
Nio shares drop almost 25% over past month
Chip shortage causes Nio to halt production, lower output projection
Chinese EV automakers expected to report steep losses for March quarter
Microsoft (NASDAQ: MSFT)
Microsoft to receive over US$193m in COVID relief funds for US cybersecurity defenders
Microsoft looking to acquire Discord for over US$10b
Software hack affects 60,000 globally; origin thought to be Chinese hacking group
Amazon (NASDAQ: AMZN)
Amazon sued over gruelling working conditions in US warehouse
Amazon shares down 9.3% following last earnings report
Is there upside for Amazon stock in 2021?
Alibaba (NYSE: BABA)
Alibaba shares dive in response to US delisting threat
Alibaba instructed to sell off tech assets in Chinese government crackdown
Shares up despite possible US$975m fine for anti-competitive behaviour
Walt Disney (NYSE: DIS)
Disney stock hits all-time high
Disneyland will reopen to limited capacity on April 30
Disney announces plan to renovate and upgrade its California resort
Track your investment portfolio with Sharesight
Get access to Sharesight20 insights like this by tracking your investment portfolio with Sharesight. Built for the needs of investors like you:
Track all your investments in one place, including stocks, mutual/managed funds, property, and even cryptocurrency
Get the true picture of your investment performance, including the impact of brokerage fees, dividends, and capital gains with Sharesight’s annualised performance calculation methodology
Run powerful reports built for investors, including Performance, Portfolio Diversity, Contribution Analysis and Future Income
Run tax reports including Taxable Income (dividends/distributions), Capital Gains Tax (Australia and Canada), Traders Tax (Capital Gains for traders in NZ) and FIF foreign investment fund income reports (NZ)
Sign up for a FREE Sharesight account and get started tracking your investments today.