Headquartered in Austin, TX, BigCommerce (BIGC) has become a leading e-commerce software platform providing startups and established companies with everything needed to launch and operate an online store. Founded in 2009, the company held an initial public offering last month, and shares have witnessed wild swings since that time.
Financial advisors are actively researching BigCommerce as a potential investment opportunity. According to TrackStarIQ rankings, the stock saw a surge of interest late last week, as the stock tumbled 16.8% Thursday, only to rebound 14.4% Friday. Still, at $95, the stock is well above its IPO listing price of $24 and the August 5th opening price of $68 (shares reached a high of $162.50 on 8/27 after a five-day 150% surge).
In this edition of Advisors in Focus: TrackStar Insights, we look at some of the tickers and groups that saw increasing interest as stocks sold off—and the S&P 500 shed 4.5%—Thursday-Friday last week. I The latest rankings of stocks, ETFs, and industry groups or categories with surging interest from financial advisors appear below.
Top Stocks by Traffic Surge* :
Top Industry Groups by Traffic Surge* :
Rank | Industry Group |
3 | Staffing & Employment Services |
2 | Uranium |
1 | Trucking |
Top ETFs by Traffic Surge* :
Rank | Ticker | Group |
3 | GDX | VanEck Vectors Gold Mining Fund |
2 | VOO | Vanguard S&P 500 |
1 | ARKK | ARK Innovation ETF |
Top ETF Categories by Traffic Surge* :
Rank | ETF Category |
3 | Inverse Equities |
2 | Total Bond Market |
1 | Corporate Bonds |
*Surge in traffic is evaluated by the increase in average traffic from the previous two days from the 5-day period preceding it.
Rank (Verified FA Traffic) | Top 20 Surging Stocks by Financial Advisor Traffic (2 days average vs. previous 5-day average) | Top 20 Surging Industry Groups by Financial Advisor Traffic (2 days average vs. previous 5-day average) | Top 20 Surging ETFs by Financial Advisor Traffic (2 days average vs. previous 5-day average) | Top 20 Surging ETF Categories by Financial Advisor Traffic (2 days average vs. previous 5-day average) |
1 | BIGC | Trucking | ARKW | Corporate Bonds |
2 | DOCU | Uranium | VOO | Total Bond Market |
3 | ATGN | Staffing & Employment Services | GDXJ | Inverse Equities |
4 | NVDA | Telephone and telegraph apparatus | NAIL | All Cap Equities |
5 | ILAL | Electronic components, misc | ITA | Oil & Gas |
6 | EMAN | Subdivisers and developers, misc | ARKG | Mid Cap Growth Equities |
7 | OMER | Real Estate – General | XLK | Industrials Equities |
8 | GE | Beverages | DIA | Emerging Markets Equities |
9 | SMTI | Credit Services | QQQ | Leveraged Equities |
10 | NVAX | Beverages – Wineries & Distilleries | TQQQ | Small Cap Growth Equities |
11 | XOM | Oil & Gas Refining & Marketing | SQQQ | Materials |
12 | TNXP | Surgical appliances and supplies | SPY | Preferred Stock/Convertible Bonds |
13 | LCA | Integrated Shipping & Logistics | XLI | Large Cap Growth Equities |
14 | AMZN | Beverages – Brewers | IWM | Technology Equities |
15 | SRNE | Motorcycles, bicycles, and parts | GDX | Real Estate |
16 | STNG | Custom computer programming services | IHI | Utilities Equities |
17 | CAPR | Motors and generators | ARKK | Diversified Portfolio |
18 | INFI | Consumer Electronics | IAU | Building & Construction |
19 | KTOV | Restaurants | DBB | Alternative Energy Equities |
20 | TDOC | Drilling oil and gas wells | IEI | Health & Biotech Equities |