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Today’s trending Reddit stocks

Here are some of the most mentioned stocks on Reddit in the past 24 hours.

What stocks are trending on Reddit right now?

RankLogo CodeStock Mentions 24-hour mentions changeUpvotes Latest close price 3-month price chart
1 SPYSPDR S&P 500 ETF Trust 750 -23%2,703 $424.185
2Tesla logo TSLATesla 522 -2%3,619 $650.52
3GameStop logo GMEGameStop 461 21%3,004 $92.13
4Apple logo AAPLApple 266 43%993 $135
5Ross Stores logo ROSTRoss Stores 237 374%957 $124.77
6Deere & Company logo DEDeere & Company 200 335%598 $349.22
7Target logo TGTTarget 122 -81%514 $152.57
8AMD logo AMDAMD 120 -20%422 $91.03
9 ESGFlexShares Trust - FlexShares STOXX US ESG Impact Index Fund 117 -55%924 $110.69
10 QQQInvesco QQQ ETF 117 -58%384 $283.4
11Foot Locker logo FLFoot Locker 114 235%1,586 $44.41
12 ATERAterian 113 35%1,050 $4.11
13Palo Alto Networks logo PANWPalo Alto Networks 102 155%317 $390.24
14Kohl's logo KSSKohl's 97 -26%297 $53.8
15AMC Entertainment logo AMCAMC Entertainment 93 -44%448 $12.045
16BJ's Wholesale Club logo BJBJ's Wholesale Club 84 6%332 $48.55
17Applied Materials logo AMATApplied Materials 81 305%303 $157.36
18Amazon logo AMZNAmazon 79 -16%596 $2125.24
19Walmart logo WMTWalmart 75 -69%215 $118.14
20Twitter logo TWTRTwitter 74 21%515 $37.11
21 SOFISoFi 74 25%209 $15.05
22Costco logo COSTCostco 72 -61%345 $409.79
23 ARKKARK Investment Management LLC - ARK Innovation ETF 68 -1%178 $41.03
24TravelCenters of America logo TATravelCenters of America 60 122%206 $31.65
25NVIDIA logo NVDANVIDIA 60 -20%174 $159.72
26DTE Energy logo DTEDTE Energy 60 N/A180 $116.22
27Vinco Ventures logo BBIGVinco Ventures 49 -49%410 $6.32
28C3 AI logo AIC3 AI 49 2%215 $59.19
29 RIVNRivian 48 9%138 $28.21
30Shopify logo SHOPShopify 45 61%149 $349.5901
31Meta (Facebook) logo FBMeta (Facebook) 43 -26%175 $192.02
32 ISIronSource 42 -18%736 $11.51
33Microsoft logo MSFTMicrosoft 42 -32%171 $250.42
34 TQQQProShares Trust - ProShares UltraPro QQQ 41 -53%95 $25.82
35Lucid Motors logo LCIDLucid Motors 40 471%77 $17.9
36Upstart logo UPSTUpstart 39 -22%80 $120
37 SQQQProShares Trust - ProShares UltraPro Short QQQ 39 -64%136 $8.47
38 UVXYProShares Trust - ProShares Ultra VIX Short-Term Futures ETF 38 -47%98 $23.21
39 VTIVanguard Total Stock Market ETF 38 -37%62 $229.05
40Gartner logo ITGartner 37 -23%148 $334.32
41TJX Companies logo TJXTJX Companies 36 -60%69 $68.81
42 UPWheels Up 32 -11%143 $4.64
43Forestar Group logo FORForestar Group 32 -14%114 $20.52
44General Motors logo GMGeneral Motors 32 28%64 $34.965
45SP Plus Corporation logo SPSP Plus Corporation 32 -22%207 $30.79
46 YOUCLEAR Secure 31 19%68 $42.2
47 VOOVanguard S&P 500 ETF 31 -43%87 $352.78
48Cisco logo CSCOCisco 30 -67%125 $41.935
49 OGOnion Global 28 75%1,506 $3.35
50 LFGArchaea Energy 27 29%76 $18.83
51Palantir logo PLTRPalantir 27 -7%180 $7.9216
52Alphabet (Google) logo GOOGAlphabet (Google) 26 30%102 $2145.45
53Allstate logo ALLAllstate 26 -7%38 $108.02
54 WEWeWork 25 127%64 $8.68
55Bloom Energy logo BEBloom Energy 24 -17%76 $23.11
56Netflix logo NFLXNetflix 24 -20%84 $181.975
57Snowflake logo SNOWSnowflake 22 100%108 $136.67
58Antero Midstream logo AMAntero Midstream 22 -21%87 $10.45
59PayPal logo PYPLPayPal 21 950%107 $78.9903
60Dow logo DOWDow 21 -36%55 $56.72
61The Mosaic Company logo MOSThe Mosaic Company 20 -49%75 $57.755
62ServiceNow logo NOWServiceNow 20 -33%83 $566.37
63iQIYI logo IQiQIYI 20 54%37 $4.87
64ON Semiconductor logo ONON Semiconductor 20 -5%62 $38.66
65Intercontinental Exchange logo ICEIntercontinental Exchange 19 111%40 $136.77
66Toronto Dominion Bank logo TDToronto Dominion Bank 19 19%61 $74.95
67Eversource Energy logo ESEversource Energy 19 36%47 $87.88
68 BBWIBath & Body Works 17 -80%29 $38.27
69 RBLXRoblox 17 -47%32 $30.6725
70Zoom logo ZMZoom 16 100%26 $87.52
71Cloudflare logo NETCloudflare 16 700%54 $54.82
72DraftKings logo DKNGDraftKings 16 -27%32 $47.85
73 FXHFirst Trust Exchange-Traded Fund III - First Trust Health Care AlphaDE 15 -12%103 $121.68
74Robinhood logo HOODRobinhood 15 15%125 $9.8
75Chemours logo CCChemours 15 -25%43 $34.57
76FuelCell Energy logo FCELFuelCell Energy 14 N/A13 $8.05
77Nutrien logo NTRNutrien 14 -63%68 $97.235
78CF Industries logo CFCF Industries 14 -66%68 $95.31
79Pintec Technology logo PTPintec Technology 14 133%46 $1.01
80Coca-Cola logo KOCoca-Cola 14 -30%29 $60.05
81NIO logo NIONIO 14 27%69 $15.965
82Intel logo INTCIntel 14 27%38 $40.785
83Alibaba logo BABAAlibaba 14 -7%32 $86.19
84Ameriprise Financial logo AMPAmeriprise Financial 13 18%24 $297.81
85 SCHDSchwab Strategic Trust - CSIM Schwab US Dividend Equity ETF 13 30%15 $80.83
86Grocery Outlet logo GOGrocery Outlet 13 63%134 $35.07
87Mastercard logo MAMastercard 13 18%18 $331.59
88Caterpillar logo CATCaterpillar 12 500%30 $197.45
89 ZIMZIM Integrated Shipping Services 12 -82%26 $41.48
90Sphere 3D logo ANYSphere 3D 12 140%26 $3.5
91Osisko Gold Royalties logo OROsisko Gold Royalties 12 -29%19 $11.83
92Datadog logo DDOGDatadog 11 83%24 $178.11
93Best Buy logo BBYBest Buy 11 -31%37 $105.87
94Sundial Growers logo SNDLSundial Growers 11 38%64 $0.9
95 BROSDutch Bros 11 N/A8 $50.3
96Affirm logo AFRMAffirm 11 38%39 $68.19
97Stifel logo SFStifel 11 120%90 $65.36
98ContextLogic (wish.com) logo WISHContextLogic (wish.com) 11 10%79 $1.5762
99Home Depot logo HDHome Depot 11 -80%48 $281.08
100Southern Company logo SOSouthern Company 11 -27%93 $61.47

To generate this list, we’ve aggregated trending stock information from Reddit’s most active subs, including r/WSB, r/stocks, r/investing and r/ShortSqueeze.

Why does Reddit have any impact on the stock market?

At the start of 2021, Reddit cemented itself as a key trading indicator for many seasoned and institutional investors around the world. This was because GameStop, a US-based video game retailer, spiked over 700% during a frenzied few days at the end of January.

GameStop sky-rocketed around 8,000% over six months. The stock became a piece in a rather complicated financial power struggle puzzle between a major hedge fund, Melvin Capital, and a group of internet investors who congregated on Reddit. GameStop became the subject of what’s known as ‘short selling’, a process in which professional investors borrow shares of stock to sell them and then buy them back at a later date, allowing them to make a profit if the stock price goes down. In simple terms, short-selling is a bet that the company will fail, with infinite loss potential.

Long story short, Reddit investors found an opportunity to make some money by aggressively buying GameStop stocks, which resulted in an internet pile on, with everyone from Elon Musk to Wolf of Wall Street’s Jason Belfort wading into the debate and hype. A boom of coverage of the now infamous subreddit r/WallStreetBets made sure the frenzy continued through January.

How to find trending stocks on Reddit

We’ve compiled some of the trending Reddit stocks above to give you some inspiration, but if you’d like to take a look at Reddit yourself, here’s how you can find trending stocks on Reddit:

  1. Go to investing subreddits. Some examples are r/WallStreetBets, r/Stocks, r/Investing and r/PennyStocks. If you’re looking for specific categories, like dividend stocks, you can search for other subreddits.
  2. Sort the posts. You can do this with the “hot”, “new” and “top” buttons above the posts and choose a time period to sort by.
  3. Read the discussions. You can find out what people are talking about and read their research to find out why the stock is trending.
  4. Do your own research. Before you dive in and invest, look into the stock yourself and weigh up the risks involved.

Does Reddit matter to ordinary investors?

The GameStop scenario tells us that, yes, it does. For example during the frenzy, brokerages were forced to suspend trading of certain stocks, and even caused outages of entire apps. This was due to the intense strain put on the infrastructure of brokerages and trading apps, many of which received unprecedented volumes of trades and new sign ups.

The GameStop affair has also caused a lasting shift in the analysis conducted by institutions. The internet has empowered retail investors, the combined force of which now matched institutions when it comes to buying power and volume. This changed the dynamics of investing somewhat, you’d think in favour of the little guy – though it remains to be seen if retail investor success has eaten into the profits of the big guns on Wall Street.

Reddit stocks list

Reddit has provided some of the most dramatic investing stories since the start of 2020, the most famous of those being the GameStop frenzy. Some of the most commonly talked about stocks include GameStop, AMC Entertainment, Tesla and BlackBerry.

Is Reddit a reliable place to research stocks?

The internet has been used for talking about stocks and investments since its inception. Reddit is just the latest evolution of that. There are some advantages to researching stocks on Reddit, as well as some things you should watch out for.

Advantages:

  • Anonymized forums can provide protection and create an unbiased environment which allows fruitful discussions to thrive. For example, it’s not unheard of for genuine employees at companies to participate and share genuine insight which can help readers achieve higher gains.
  • Reddit’s used globally. You can get access to insight no matter what time it is, whether you’re an early bird, up at the brink of dawn, or a night owl that prefers late night stock searching.
  • The voting system helps you filter discussions. This is great for filtering out some of the nonsense and getting straight to the good stuff.

Things to watch out for:

  • It can be difficult to verify the authority of posters. This means that you don’t really ever know the credibility of anyone in these forums, and should use insight from several sources when researching.
  • There’s a tendency for groupthink. This means that you don’t get a balanced discussion.
  • Some of these stocks can be riskier Sometimes stocks like OTC (pink sheet) stocks are mentioned, which are riskier. Stocks can become riskier once they’ve taken off a bit, as they can become very volatile.

Like any form of research, Reddit offers some things you can’t get elsewhere, but should probably just form a part of your overall research process – as opposed to being the start and end of your digging.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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