The Next Stock To Go Zoom

The second quarter earnings season is winding down. 96% of S&P 500 companies have released results and total earnings are down 32.9% from last year on 9.5% lower revenues, according to Zack’s. The bleak numbers haven’t kept a lid on the S&P 500, however, as investors seem to be looking beyond the earnings trough and at the potential for a rebound in the second half of 2020.

In terms of engagement and web traffic, TrackStarIQ rankings suggest that the few companies still releasing results at the tailend of the reporting season continue to draw strong interest from financial advisors. For example, Zoom (ZM), which jumped more than 40.8% Tuesday in the wake of its results, saw a notable uptick in activity last week ahead of the report. Box Inc. (BOX) and Nio (NIO) also saw surging traffic, apparently tied to their earnings releases as well.

On the ETF front, one name that stands out is the ARK Innovation Fund (ARKK). It saw the second biggest increase in activity in the most recent week and is a unique product because the fund is designed to offer exposure to companies involved in the development of new products or services and technological advancements in scientific research relating to the areas of DNA technologies.

Meanwhile, advisors also appear to be showing growing interest in financials and smallcaps, as the iShares Small Cap Fund (IWM) and SPDR Financials (XLF) saw notable upticks in interest as well. Below please find rankings of stocks, ETFs, and industry groups or categories with surging interest from financial advisors in the past week.

Top Stocks by Traffic Surge (one week vs. previous week):

Rank      Ticker      Company     
3 NIO Nio Inc.
2 ZM Zoom
1 BOX Box Inc.

Top Industry Groups by Traffic Surge (one week vs. previous week):

Rank      Industry Group     
3 Broadcast
2 REIT-Healthcare
1 Metals

Top ETFs by Traffic Surge (one week vs. previous week):

Rank      Ticker      Group     
3 IWM iShares SmallCap Fund
2 ARKK ARK Innovation ETF
1 XLF SPDR Financials

Top ETF Categories by Traffic Surge (one week vs. previous week):

Rank      ETF Category     
3 Inverse Equities
2 Inverse Bonds
1 Inflation-Protected Bonds

Rank (Verified FA Traffic) Top 20 Surging Stocks by Financial Advisor Traffic (One Week vs. Previous Week) Top 20 Surging Industry Groups by Financial Advisor Traffic (One Week vs. Previous Week) Top 20 Surging ETFs by Financial Advisor Traffic (One Week vs. Previous Week) Top 20 Surging ETF Categories by Financial Advisor Traffic (One Week vs. Previous Week)
1 BOX Broadcasting XLF Inflation-Protected Bonds
2 ZM REIT – Healthcare Facilities ARKK Inverse Bonds
3 NIO Metals & Mining SPY Inverse Equities
4 TWTR Pay TV IWM Japan Equities
5 OPTI Agricultural Inputs IAU Large Cap Blend Equities
6 SHLL Metal Fabrication USO Large Cap Growth Equities
7 BIGC Mining & Quarrying of Nonmetallic Minerals (No Fuels) GDX Large Cap Value Equities
8 FB Unsupported plastics film and sheet NUGT Latin America Equities
9 NFLX Dental equipment and supplies QLD Leveraged Bonds
10 IBIO Photographic equipment and supplies TLT Leveraged Commodities
11 PTON Communication services, misc GUSH Leveraged Equities
12 BA Lodging XLY Leveraged Real Estate
13 MSFT Gold and Silver Ores NRGU Long-Short
14 VBIV Farm & Heavy Construction Machinery QQQ Materials
15 MRNA Gambling SLV Metals
16 SPCE Healthcare Plans GLD Mid Cap Blend Equities
17 BNGO None IJH Mid Cap Growth Equities
18 RKT Insurance Brokers ARKG MLPs
19 AAPL Packaging & Containers XLK Mortgage Backed Securities
20 CRBP Specialty Industrial Machinery DIA National Munis

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