Blog

Top 20 trades in US stocks by Sharesight users – January 2024

by Stephanie Stefanovic, Content Manager, Sharesight | Jan 28th 2024

Welcome to the January 2024 edition of Sharesight’s monthly USA trading snapshot, where we look at Sharesight users’ top 20 trades in US stocks on the Nasdaq, NYSE and NYSE American market (AMEX) over the month.

In this snapshot, buy and sell trades were led by Tesla (NASDAQ: TSLA), which saw its share price plummet following a disappointing Q4 earnings report. The top trades were followed by Apple (NASDAQ: AAPL), which started 2024 in a rare decline not seen since 1982. It was a tech-dominated month overall, with 13 of the top 20 stocks belonging to the tech, EV, semiconductor, aerospace and e-commerce sectors.

Top 20 US stock trades January 2024

Top 20 US monthly Jan24

Let’s look at the news behind some of the key stocks in this month’s snapshot:

Tesla (NASDAQ: TSLA)

  • Tesla shares drop amid Red sea delays, growing labour costs and price cuts
  • Chinese rival BYD overtakes Tesla’s EV sales in Q4 2023
  • Share price drops as Tesla’s Q4 revenue and earnings miss expectations

Apple (NASDAQ: AAPL)

  • Apple shares plummet following broker downgrades linked to iPhone sales concerns
  • Share price jumps on BoA upgrade citing likely AI boost for iPhones
  • Apple shares start the year in rare decline

NVIDIA (NASDAQ: NVDA)

Microsoft (NASDAQ: MSFT)

Realty Income (NYSE: O)

Amazon (NASDAQ: AMZN)

Meta (NASDAQ: FB)

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:

Sign up for a FREE Sharesight account and get started tracking your investments today.

Disclaimer: The above article is for informational purposes only and does not constitute a specific product recommendation, or taxation or financial advice and should not be relied upon as such. While we use reasonable endeavours to keep the information up-to-date, we make no representation that any information is accurate or up-to-date. If you choose to make use of the content in this article, you do so at your own risk. To the extent permitted by law, we do not assume any responsibility or liability arising from or connected with your use or reliance on the content on our site. Please check with your adviser or accountant to obtain the correct advice for your situation.

FURTHER READING

Sharesight trade confirmation emails

Automatically import trades to your portfolio using email

by Stephanie Stefanovic | Feb 20th 2024

Sharesight makes it easy to access award-winning performance and tax reporting with the ability to automatically import trades to Sharesight via email.

Track JP Morgan trades with Sharesight

Track your J.P. Morgan trades with Sharesight

by Stephanie Stefanovic | Feb 14th 2024

Investors trading with J.P. Morgan can automatically track their investment performance by importing their historical trading data to a Sharesight portfolio.

3 ways Sharesight helps Canadians at tax time 2 (1)

3 ways Sharesight helps Canadians at tax time

by Angela Thompson | Feb 11th 2024

Are you a Canadian investor filing taxes for the 2023 financial year? Here are 3 Sharesight features that save Canadian investors time and money at tax time.