Here are the US shares that CommSec customers are buying

Nio (NYSE: NIO), Pfizer (NYSE: PFE) and Tesla (NASDAQ: TSLA) were amongst the most traded US shares on the CommSec platform last week
The post Here are the US shares that CommSec customers are buying appeared first on Motley Fool Australia. –

Road sign for 'Wall St' with US flags in background

Most weeks, Commonwealth Bank of Australia‘s (ASX: CBA) CommSec brokering platform tells us the international shares (which are almost always American) proving popular with its customers.

Because CommSec is one of the largest online brokers in the country, this data can be indicative of general investing trends in our market. This week’s data covers 9-13 November.

So here are the top 10 United States shares that CommSec customers were buying last week:

Most traded US shares on the ASX

The five most traded international shares last week were the following:

  1. Nio Inc (NYSE: NIO) – representing 6.4% of total trades with an 81%/19% buy-to-sell ratio.
  2. Tesla Inc (NASDAQ: TSLA) – representing 4.7 % of total trades with a 77%/23% buy-to-sell ratio.
  3. Alibaba Group Holding Ltd (NYSE: BABA) – representing 2.9% of total trades with an 82%/18% buy-to-sell ratio.
  4. Pfizer Inc (NYSE: PFE) – representing 2.6% of total trades with a 90%/10% buy/sell ratio.
  5. Apple Inc (NASDAQ: AAPL) – representing 4.2% of total trades with a 57%/43% buy-to-sell ratio.

    The next five most traded shares were these:

  6. Xpeng Inc (NYSE: XPEV)

  7. Zoom Video Communications Inc (NASDAQ: ZM)

  8. Microsoft Corporation (NASDAQ: MSFT)

  9. Inc (NASDAQ: AMZN)

  10. Palantir Technologies Inc (NYSE: PLTR)

What can we learn from these trades?

We noted last week that the bullish patterns we had been used to seeing had been moderating somewhat. I wrote then that “our coverage of the US shares ASX investors were buying from 19-23 October shows none of the top 5 US shares having a buy-sell ratio of less than 80%/20%, yet 4 out of 5 of the top shares this week are below this ratio”.

This week, we are continuing to see this trend play out. Only one stock in the top 5 this had a buy/sell ratio at or better than 90%/10%, which was Pfizer.

Interestingly, Pfizer is a company that rarely features on this list. We can probably put its enthusiastic presence this week down to one factor: the company’s announcement of a more-successful-than-hoped coronavirus vaccine candidate last week.

Other than that, we see similar trends playing out this week compared to last week. Electric vehicle companies Nio and Tesla continue to compete for that top spot. Last week saw Nio pip Tesla for the first time, and it’s notable to see this continue this week. Nio shares are up 65% over the past month though, so it’s not hard to guess where this interest is coming from. Investors seem to be cooling on big tech though. Only one FAANG stock makes the top 5 this week (Apple), and frequent ‘top 5er’ Amazon barely scraped in the top 10.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. Sebastian Bowen owns shares of Pfizer and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Alibaba Group Holding Ltd., Amazon, Apple, Microsoft, Tesla, and Zoom Video Communications and recommends the following options: long January 2021 $85 calls on Microsoft, short January 2021 $115 calls on Microsoft, short January 2022 $1940 calls on Amazon, and long January 2022 $1920 calls on Amazon. The Motley Fool Australia has recommended Amazon, Apple, and Zoom Video Communications. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Here are the US shares that CommSec customers are buying appeared first on Motley Fool Australia.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;

To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.

An active and funded account with a positive trading balance is required to continue to have access to the tools;

Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;

Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!