“An investment in knowledge pays the best interest.” ~ Benjamin Franklin
Dear Trader,
Welcome to today’s edition of Wall Street Connected.
Recently announcing plans to join the S&P 500, Tesla Inc. (TSLA) has received multiple upgrades and higher price targets from well established financial firms this week.
As a company which provides consistent year-over-year growth in its stock price and offers environmentally friendly products, Tesla Inc. can be referred to as an Environmental, Social and Governance (ESG) investment.
ESG is a class of investing that is becoming more mainstream and is distinct because of the strategy’s focus on both positive returns and long-term benefits to society.
And you’ll notice the electric vehicle giant ranking #1 in surging traffic by financial professionals with over one billion U.S. dollars in assets under management…
Halfway through a week which has been headlined by Pfizer’s COVID-19 vaccine being 95% effective and Moderna’s COVID-19 vaccine being 94.5% effective, biotechnology has been a high-demand industry for traders and investors alike.
And biotechnology is currently the #1 surging industry by financial professionals with over one billion U.S. dollars in assets under management.
TrackStarIQ Data
Here are some highlights from FA searches this week:
| RANK | TOP SEARCHES BY FAs (Surging Traffic) This Week [STOCKS] | TOP SEARCHES BY FAs w/ AUM>$1B (Surging Traffic) This Week [STOCKS] | TOP INDUSTRY SEARCHES BY FAs (Surging Traffic) This Week [EQUITIES] | TOP INDUSTRY SEARCHES BY FAs w/ AUM>$1B (Surging Traffic) This Week [EQUITIES] |
|---|---|---|---|---|
| 1 | ATHE | TSLA | Wholesale-Groceries & Related Products | Biotechnology |
| 2 | TSSI | CBAT | Insurance – Reinsurance | Auto Manufacturers |
| 3 | RMG | DDOG | Waste Management | Software – Application |
| 4 | CHWY | WWR | Medical Distribution | Electrical Equipment & Parts |
| 5 | LXRX | HPR | Metal Fabrication | Drug Manufacturers – Specialty & Generic |
| 6 | YELP | DKNG | Solar | Internet Retail |
| 7 | CTIB | ATHE | Industrial Metals & Minerals | Aerospace & Defense |
| 8 | KTEL | URI | Business services, misc | Internet Content & Information |
| 9 | IMMR | SDC | Trusts, misc | Semiconductors |
| 10 | LEAS | MRNA | Laboratory apparatus and furniture | Diagnostics & Research |
| 11 | TSLA | KZIA | Farm & Heavy Construction Machinery | Credit Services |
| 12 | CSIQ | CYCN | REIT – Retail | Conglomerates |
| 13 | NCR | CRSR | Tools & Accessories | Oil & Gas E&P |
| 14 | AHC | XOM | Other Industrial Metals & Mining | Software – Infrastructure |
| 15 | BBVA | AMZN | Electrical Equipment & Parts | Entertainment |
| 16 | TOPZ | AMRN | Auto Manufacturers | Medical Devices |
| 17 | ABML | GP | Plastics products, misc | Communication Equipment |
| 18 | DNK | NET | Discount Stores | Drug Manufacturers – General |
| 19 | IDWM | BLDP | Scientific & Technical Instruments | Specialty Retail |
| 20 | SQBG | PCG | Prepackaged software | Specialty Industrial Machinery |
What We’re Reading:
- While the electric vehicle market has been dominated by TSLA and up-and-coming Chinese companies in recent weeks, one U.S. automotive manufacturer has been quietly stepping into the electric vehicle market as well. Full story…
- Nearly two years after the Boeing Co (BA) 737 Max was grounded due to safety issues, the Federal Aviation Administration has officially cleared the aircraft to fly once again. Continue reading…
- The Oracle of Omaha has been making new additions to his multi-billion dollar investment portfolio. That’s right, Warren Buffett himself is on the move. See Buffett’s bets…
What We’re Watching:
Aptevo Therapeutics (AVPO) was recently upgraded three times over by financial analysts.
What could be next for this stock?
Wall Street Connected is here to bring you insight.
-InvestingChannel