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

by Stephanie Stefanovic, Content Manager, Sharesight | Mar 27th 2024

Welcome to the March 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 trades were led by Tesla (NASDAQ: TSLA), which saw its share price rise throughout the month due to rumours of an Italian truck production deal, plus news that US customers will receive a full self-driving software trial. Over the same period, sell trades were led by NVIDIA (NASDAQ: NVDA), which saw its share price hit an all-time high amid the AI stock frenzy. It was a tech-dominated month overall, with 16 of the top 20 stocks belonging to the tech, EV, semiconductor and e-commerce sectors.

Top 20 US stock trades March 2024

Top 20 US month Mar24

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

Tesla (NASDAQ: TSLA)

NVIDIA (NASDAQ: NVDA)

Apple (NASDAQ: AAPL)

Microsoft (NASDAQ: MSFT)

Amazon (NASDAQ: AMZN)

Meta (NASDAQ: FB)

  • Facebook plans to shut down its news tab in the US and Australia by April
  • Meta’s Mark Zuckerberg enters global rich list with US$158 billion fortune
  • Meta shares see their worst day in eight months

Alibaba (NYSE: BABA)

  • Plans to buy Cainiao stake for up to US$3.75 billion, abandoning Hong Kong IPO plans
  • Alibaba announces strategy shift including enhanced logistics and share buybacks
  • Hong Kong shares reach 6-week low after Cainiao IPO withdrawal

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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.

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