Advisors Can't Get Enough of This Chinese Stock - InvestingChannel

Advisors Can’t Get Enough of This Chinese Stock

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):

Rank      Ticker      Company     
3 TSLA Tesla
2 AAPL Apple
1 SRNE Sorrento Therapeutics

Top Stocks by Traffic Surge (past 7 days):

Rank      Ticker      Company     
3 GRWG GrowthGeneration
2 BABA Alibaba
1 GEVO Gevo

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

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