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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 295 -23%1,376 $507.85
2Tesla logo TSLATesla 273 39%709 $191.97
3NVIDIA logo NVDANVIDIA 244 -44%650 $788.17
4Marathon Digital Holdings logo MARAMarathon Digital Holdings 126 -34%365 $23.99
5 ZIMZIM Integrated Shipping Services 86 12%306 $12.32
6DTE Energy logo DTEDTE Energy 81 -1%621 $108.45
7 QQQInvesco QQQ ETF 60 -57%286 $436.78
8Intercontinental Exchange logo ICEIntercontinental Exchange 41 1,267%312 $138.38
9JPMorgan Chase logo JPMJPMorgan Chase 40 18%204 $183.99
10 VOOVanguard S&P 500 ETF 40 -40%188 $466.74
11AMD logo AMDAMD 38 -42%205 $176.52
12Microsoft logo MSFTMicrosoft 35 -44%108 $410.34
13UnitedHealth logo UNHUnitedHealth 34 162%85 $527.24
14Douglas Emmett logo DEIDouglas Emmett 32 540%688 $13.31
15 VTIVanguard Total Stock Market ETF 30 -27%65 $251.95
16Apple logo AAPLApple 29 -38%174 $182.52
17Antero Midstream logo AMAntero Midstream 28 -51%58 $13.12
18Riot Blockchain logo RIOTRiot Blockchain 26 13%111 $14.85
19Gartner logo ITGartner 25 -34%98 $460.64
20AMC Entertainment logo AMCAMC Entertainment 25 -48%-243 $4.44
21Delta Air Lines logo DALDelta Air Lines 25 25%51 $41.72
22 YOUCLEAR Secure 22 10%66 $18.11
23Meta Platforms (Facebook) logo METAMeta Platforms (Facebook) 21 17%80 $484.03
24Bank of America logo BACBank of America 20 5%50 $33.92
25 FSRFisker 20 -33%102 $0.59
26Spirit Airlines logo SAVESpirit Airlines 19 6%61 $6.43
27Boeing logo BABoeing 19 -24%2,454 $200.83
28 MSOSAdvisorshares Trust - AdvisorShares Pure US Cannabis ETF 19 171%156 $9.62
29 IWMBlackRock Institutional Trust Company N.A. - BTC iShares Russell 2000 16 -43%35 $199.93
30Cameco logo CCJCameco 16 1,500%65 $40.19
31Chindata logo CDChindata 15 -25%59 $8.45
32Alibaba logo BABAAlibaba 15 650%33 $75.96
33Netflix logo NFLXNetflix 15 7%27 $583.56
34Amazon logo AMZNAmazon 14 -26%40 $174.99
35Interactive Brokers logo IBKRInteractive Brokers 14 133%31 $106.72
36MicroStrategy logo MSTRMicroStrategy 14 -52%28 $687.44
37Tilray logo TLRYTilray 13 -13%107 $1.76
38Eversource Energy logo ESEversource Energy 12 -8%26 $58.87
39General Motors logo GMGeneral Motors 12 50%126 $39.63
40 GBTCGrayscale Bitcoin Trust 12 -68%70 $45.59
41 BITOProShares Bito 11 10%85 $24.15
42 ESGFlexShares Trust - FlexShares STOXX US ESG Impact Index Fund 11 1,000%79 $123.6801
43Kingsoft Cloud logo KCKingsoft Cloud 11 450%510 $3.05
44Desktop Metal logo DMDesktop Metal 10 -33%156 $0.5251
45 ME23andMe 10 11%40 $0.5651
46 PRPermian Resources 10 25%34 $15.05
47Eli Lilly logo LLYEli Lilly 10 11%16 $769.54
48Lockheed Martin logo LMTLockheed Martin 10 43%20 $431.12
49 URAGlobal X Funds - Global X Uranium ETF 10 233%41 $26.98
50 DODiamond Offshore Drilling 9 13%49 $12.05
51 TQQQProShares Trust - ProShares UltraPro QQQ 9 -18%18 $59.62
52SP Plus Corporation logo SPSP Plus Corporation 9 -53%11 $51.56
53Forestar Group logo FORForestar Group 8 -33%22 $32.86
54Raytheon Technologies logo RTXRaytheon Technologies 8 -27%12 $90.01
55Boyd Gaming logo BYDBoyd Gaming 8 N/A8 $64.34
56Allstate logo ALLAllstate 7 -59%44 $159.13
57GameStop logo GMEGameStop 7 -42%2 $13.51
58 EUenCore Energy 7 -56%23 $4.01
59Weight Watchers logo WWWeight Watchers 7 -36%26 $3.17
60Costco logo COSTCostco 7 600%51 $737.93
61TSMC logo TSMTSMC 7 -30%11 $129.53
62 GLDSSgA Active Trust - SSgA SPDR Gold Shares 7 600%36 $188.62
63Lucid Motors logo LCIDLucid Motors 7 40%20 $3.02
64Easterly Government Properties logo DEAEasterly Government Properties 7 250%112 $11.66
65 URNMSprott Uranium Miners ETF 7 40%25 $47.19
66Uranium Energy logo UECUranium Energy 7 600%21 $6.35
67 UPWheels Up 6 -40%22 $3
68Toronto Dominion Bank logo TDToronto Dominion Bank 6 50%13 $60.44
69Mastercard logo MAMastercard 6 50%20 $473.42
70Big Lots logo BIGBig Lots 6 200%631 $4.36
71Osisko Gold Royalties logo OROsisko Gold Royalties 6 -14%7 $14.2
72 DCDakota Gold 6 50%13 $2.03
73ON Semiconductor logo ONON Semiconductor 6 -45%38 $76.19
74 VTVanguard Group, Inc. - Vanguard Total World Stock ETF 6 -25%7 $107.52
75 SOFISoFi 6 N/A17 $8.17
76Robinhood logo HOODRobinhood 6 20%16 $14.48
77NIO logo NIONIO 6 -25%17 $5.4
78Healthcare Realty logo HRHealthcare Realty 6 N/A23 $13.43
79 VXUSVanguard Group, Inc. - Vanguard Total International Stock ETF 6 200%16 $58.95
80Alcoa logo AAAlcoa 6 N/A409 $26.52
81 JEPIJ.P. Morgan Exchange-Traded Fund Trust - JPMorgan Equity Premium Incom 6 50%17 $56.88
82Goldman Sachs logo GSGoldman Sachs 6 200%9 $391.05
83CrowdStrike logo CRWDCrowdStrike 6 500%31 $311.49
84Energy Fuels logo UUUUEnergy Fuels 6 200%12 $5.97
85DocuSign logo DOCUDocuSign 6 20%28 $51.73
86 UROYUranium Royalty 6 N/A27 $2.62
87Chemours logo CCChemours 5 -55%9 $29.48
88Globe Life logo GLGlobe Life 5 -17%13 $126.9
89 TLTBlackRock Institutional Trust Company N.A. - BTC iShares 20+ Year Trea 5 -17%6 $93.86
90 VERYVericity 5 25%42 $11.38
91Exxon Mobil logo XOMExxon Mobil 5 N/A4 $103.84
92Sphere 3D logo ANYSphere 3D 5 150%19 $2.12
93Reliance Steel & Aluminum logo RSReliance Steel & Aluminum 5 150%10 $324.12
94 CLSKCleanSpark 5 67%11 $16.43
95 MLMoneyLion 5 150%5 $48.55
96 WULFTeraWulf 5 150%10 $2.03
97Hasbro logo HASHasbro 5 67%115 $49.59
98MediaAlpha logo MAXMediaAlpha 5 400%-15 $20.02
99 JUSTGoldman Sachs ETF Trust - Goldman Sachs Just Us Large Cap Equity ETF 5 67%21 $72.565
100United Airlines Holdings logo UALUnited Airlines Holdings 5 150%8 $45.51

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.

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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.

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. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the product on the provider's website.

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