QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)

The 10 Stocks MarketBeat Readers Like Best 

Key Points

  • MarketBeat readers have spoken! These are the 10 stocks with the highest interest on the platform. 
  • Where retail investors go, price action usually moves higher, especially when the analysts are also buying. 
  • There are interesting opportunities and AI, tech, EV, and consumer spending within this list. 
  • 5 stocks we like better than Apple

MarketBeat has many tools to help investors find great investments, and 1 of them is the Trending Stocks List. The trending stocks list can be tuned to different periods but tracks the same data: the net number of new followers for stocks on Marketbeat. That may seem like a simple statistic but don’t be fooled.

The data tracks sentiment among retail investors and is a valuable source of trading information. Retail investors make up a large portion of the market and are influential in the direction of stock prices. When they move into a market, there’s a good chance it will move higher. If the analysts and institutions are also buying, the stock price could move significantly higher. 

The Market Still Has FAANGs, +Microsoft

The top 4 followed stocks for the 1st week of August on MarketBeat are no surprise. The ranking from 1st to 4th is Apple NASDAQ: AAPL, Microsoft NASDAQ: MSFT, Meta NASDAQ: META, and Google NASDAQ: GOOG, representing half of the FAANG+ market. These stocks are also the most followed over the last 90 days, suggesting momentum in their respective markets.

While the stories vary from name to name, the underlying theme with these stocks is that cloud and consumer-driven businesses are solid and compounded by repositioning and efficiencies that are driving bottom-line results. AI is also a central theme, with infrastructure at the story's core. 

These companies are foundational to the AI revolution; their results will show it. META isn’t the only or even the most obvious example of how AI impacts business, but its 7% boost in engagement driven by AI is a telling sign. The analysts also like them, which is another tailwind for their markets. All but 1 are in the top 10 Most Upgraded Stocks, and the outlier, Apple, is in 11th. 

Faang stocks

Tesla Is The 5th Most-Followed Stock On MarketBeat

It’s a little surprising that Amazon NASDAQ: AMZN is not in the top 5 Most Followed Stocks, but it isn’t surprising to find Tesla NASDAQ: TSLA in that position. Given the analysts ' activity, the company produced a solid beat with its 2Q results and will likely trend higher.

The analysts' consensus target is lagging the price action and weighing on the rally now but trending solidly higher. The most recent activity includes a single downgrade to Neutral. Still, it came with a price target increase that has the market fairly valued at $270 or above the recent action, and many of the newest targets are well above that level.

Regarding the business, the near-term headwind is the margin. Margin contracted YOY but resulted in a jump in sales that could gain momentum. The guidance was a little weak, only as expected, but may also be considered cautious given the jump in sales and the company’s track record of outperformance. 

Tesla Stock chart

AMC Entertainment Gets MarketBeat Readers’ Attention

AMC Entertainment NYSE: AMC has caught the eye of MarketBeat readers and sits in the 6th position. The rise in interest is largely due to “Barbenheimer,” which is driving an expectation for outperformance this quarter. The risk here is that neither the analysts nor the institutions are buying, and the short interest is relatively high. 


Interesting Opportunities In Positions 7 Through 10 

The final 4 in this countdown include interesting names like NVIDIA NASDAQ: NVDA, Amazon, NIO NYSE: NIO, and  AMD NASDAQ: AMD. NVIDIA and AMD are being driven by AI interest, demand for their highest-performance chips, and the long-term outlook for AI, which is robust.

NVIDIA is the 6th most followed stock and up 1 spot compared to the 90-day data. AMD is also up 1 position to #10, which shows growing momentum for these AI-powered names.

Amazon is down from #7 to #8 but still solidly in the top 10. It’s driven by strength in AWS, core business, and the new CEO’s attention to detail. NIO, like Tesla, is supported by a ramp in production and deliveries; it produced a triple-digit increase for July and is supported by strength in its home market.

Likewise, Tesla reported a triple-digit gain in China for July, and it could have been higher if not for a scheduled shutdown. 

Nio stock chart

→ Critical asset just had biggest fall on record (From Stansberry Research) (Ad)

Should you invest $1,000 in Apple right now?

Before you consider Apple, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Apple wasn't on the list.

While Apple currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Advanced Micro Devices (AMD)
4.2371 of 5 stars
$205.36+1.3%N/A394.93Moderate Buy$179.06
NIO (NIO)
1.4945 of 5 stars
$5.35-7.4%N/A-2.96Hold$12.25
Amazon.com (AMZN)
4.9634 of 5 stars
$177.58-0.4%0.11%61.23Buy$197.95
AMC Entertainment (APE)
0 of 5 stars
$1.42flatN/AN/AN/A
NVIDIA (NVDA)
4.6533 of 5 stars
$852.37+3.6%0.02%71.39Moderate Buy$824.90
Tesla (TSLA)
4.7686 of 5 stars
$188.14-7.2%N/A43.65Hold$219.89
Alphabet (GOOG)
3.9897 of 5 stars
$134.20-2.8%N/A23.14Buy$146.33
Meta Platforms (META)
3.8544 of 5 stars
$498.19-0.8%0.40%33.44Moderate Buy$494.53
Microsoft (MSFT)
4.8769 of 5 stars
$414.92-0.1%0.72%37.52Moderate Buy$411.06
Apple (AAPL)
4.9206 of 5 stars
$175.10-2.5%0.55%27.27Moderate Buy$205.27
Compare These Stocks  Add These Stocks to My Watchlist 

Thomas Hughes

About Thomas Hughes

  • tmhughes.writeon@gmail.com

Contributing Author

Technical and Fundamental Analysis

Experience

Thomas Hughes has been a contributing writer for MarketBeat since 2019.

Areas of Expertise

Technical analysis, the S&P 500; retail, consumer, consumer staples, dividends, high-yield, small caps, technology, economic data, oil, cryptocurrencies

Education

Associate of Arts in Culinary Technology

Past Experience

Market watcher, trader and investor for numerous websites. Founded Passive Market Intelligence LLC to provide market research insights. 


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