Major activity surrounded Alibaba (BABA) today as the stock jumped 4.5% to new highs of $288.50. The rally unfolded amid reports that U.S. Treasury Secretary Steve Mnuchin and China Vice Premier had constructive discussions concerning a Phase One trade deal, a positive development that reinforces the view that Alibaba will not fall like TikTok.
Interestingly, the eCommerce company saw a surge in traffic last week, according to TrackStarIQ rankings, and Alibaba is among the most-read tickers among financial advisors over the past thirty days. The ticker ranked 2nd in increased engagement and 12th in overall traffic.
Meanwhile, Gevo (GEVO) and GrowthGeneration (GRWG) saw surging FA traffic last week, while Tesla (TSLA), Apple (AAPL), and Sorrento (SRNE) were the most viewed overall (30 days) by advisors for a second consecutive week. On the industry group front, application software, biotechnology, and diagnostics & research remain heavily researched, while federally sponsored credit, discount stores, and industrial production saw the biggest traffic surge.
Below please find rankings of FA engagement with Stocks and Industries:
Top Stocks by Total Traffic (30 days):
Top Stocks by Traffic Surge (past 7 days):
Top Industry Groups by Total Traffic (30 days):
| Rank | Industry Group |
| 3 | Diagnostics & Research |
| 2 | Software – Application |
| 1 | Biotechnology |
Top Industry Groups by Traffic Surge (past 7 days):
| Rank | Industry Group |
| 3 | Federally Sponsored Credit |
| 2 | Discount Stores |
| 1 | Industrial Distribution |
| Rank (Verified FA Traffic) | Stocks Researched by Total Traffic (30 days) | Stocks Researched by Greatest Traffic Surge (7 days) | Stock Industry Groups by Total Traffic (30 days) | Stock Industry Groups by Greates Traffic Surge (7 days) |
| 1 | SRNE | GEVO | Biotechnology | Industrial Distribution |
| 2 | AAPL | BABA | Software – Application | Discount Stores |
| 3 | TSLA | GRWG | Diagnostics & Research | Federal and federally sponsored credit |
| 4 | INO | FLDM | Internet Retail | Copper |
| 5 | IBIO | WMT | Auto Manufacturers | Real Estate Services |
| 6 | KODK | HBLI | Semiconductors | Industrial Metals & Minerals |
| 7 | SMTI | EVFM | Internet Content & Information | Construction – Special Trade Contractors |
| 8 | MVIS | TCOM | Drug Manufacturers – Specialty & Generic | Ship building and repairing |
| 9 | XSPA | GAN | Consumer Electronics | Home Improvement Retail |
| 10 | NIO | ATOS | Software – Infrastructure | Services-Computer Programming, Data Processing, Etc. |
| 11 | AMZN | FCX | Entertainment | Footwear & Accessories |
| 12 | BABA | ADBE | Specialty Business Services | Utilities – Independent Power Producers |
| 13 | TRVN | BIGC | Medical Devices | Oil & Gas Drilling |
| 14 | AMRS | NVDA | Conglomerates | Apparel Retail |
| 15 | JMAI | KSS | Oil & Gas E&P | Specialty Chemicals |
| 16 | WORK | ARREF | Aerospace & Defense | REIT – Specialty |
| 17 | HTBX | VAL | Communication Equipment | Internet Retail |
| 18 | EROS | AYTU | Specialty Chemicals | Apparel Manufacturing |
| 19 | AMD | OPTI | Scientific & Technical Instruments | Advertising Agencies |
| 20 | VXRT | VZ | Specialty Retail | Business services, misc |