Tesla, Nvidia among top 10 most mentioned stocks on Wall Street Bets – Markets Insider

Reddit Wall Street Bets Retail Trading GameStop

Photo illustration by Jakub Porzycki/NurPhoto via Getty Images

  • Reddit’s WallStreetBets forum entered the mainstream during the January GameStop craze. 
  • Driving stocks like GameStop and AMC Entertainment, retail investors congregating on the subreddit are a force in the stock market.
  • These are the 10 most popular stocks WallStreetBets is talking about right now.

Following which stocks Reddit’s WallStreetBets crowd is talking about this year has paid off, as several have gone through epic rallies and seen heightened volatility. 

From GameStop in January to AMC Entertainment in June, the more than 11 million-member forum has driven the conversation in so-called meme stocks that have exploded higher amid overwhelming demand from retail investors. The surge in stocks with shaky fundamentals has led to several hedge fund blowups that were caught on the opposite side of the trade betting against the company in question.

GameStop’s short-squeeze, in-part led by the WallStreetBets crowd, led to a more than 50% drawdown in multibillion-dollar hedge fund Melvin Capital. Meanwhile, the sharp rally in struggling movie theater chain AMC Entertainment caused billions of dollars in losses for short-sellers in May and June.

As traders look to replicate the success of WallStreetBets stocks, one data aggregator is compiling the most mentioned stocks on Reddit’s forum. 

These are the top 10 stocks Reddit’s WallStreetBets forum is focused on right now, according to data compiled by SwaggyStocks. The list is based on mentions over the past 24 hours and financial data is sourced from Koyfin

10. Palantir

Ticker: PLTR

WallStreetBet Mentions Over Past 24 Hours: 187

Market Capitalization: $39.1 billion

One-Week Performance: -4.7% 

Palantir HQ.
Palantir HQ.

Picture Alliance/Getty Images

9. Docusign

Ticker: BABA

WallStreetBet Mentions Over Past 24 Hours: 194

Market Capitalization: $49.0 billion

One-Week Performance: -40.6% 

docusign

Igor Golovniov/SOPA Images/LightRocket/Getty Images

8. AMD

Ticker: AMD

WallStreetBet Mentions Over Past 24 Hours: 249

Market Capitalization: $175.7 billion

One-Week Performance: -8.7% 

AMD Ryzen Threadripper
AMD is a leader in the CPU market.

Maximum PC Magazine/Getty Images

7. Chewy

Ticker: CHWY

WallStreetBet Mentions Over Past 24 Hours: 262

Market Capitalization: $26.2 billion

One-Week Performance: -9.9% 

donation of pet food from Chewy

Humane Rescue Alliance

6. Intel

Ticker: INTC

WallStreetBet Mentions Over Past 24 Hours: 264

Market Capitalization: $208.0 billion

One-Week Performance: 7.8% 

Intel
he logo for the Intel Corporation is seen on a sign outside the Fab 42 microprocessor manufacturing site in Chandler, Arizona, U.S., October 2, 2020

Nathan Frandino/Reuters

5. Apple

Ticker: AAPL

WallStreetBets Mentions Over Past 24 Hours: 310

Market Capitalization: $2.74 trillion

One-Week Performance: 3.3% 

An Apple store.
An Apple store.

Spencer Platt/Getty Images

4. Alibaba

Ticker: BABA

WallStreetBet Mentions Over Past 24 Hours: 360

Market Capitalization: $366.1 billion

One-Week Performance: -1.2% 

An office building of Alibaba Group is pictured on August 10, 2021 in Zhengzhou, Henan Province of China.
An office building of Alibaba Group is pictured on August 10, 2021 in Zhengzhou, Henan Province of China.

Li Qingsheng/VCG via Getty Images

3. GameStop

Ticker: GME

WallStreetBet Mentions Over Past 24 Hours: 391

Market Capitalization: $13.5 billion

One-Week Performance: -10.5% 

A high-street GameStop store

VIEW press/Getty Images

2. Nvidia

Ticker: NVDA

WallStreetBet Mentions Over Past 24 Hours: 401

Market Capitalization: $786.0 billion

One-Week Performance: -3.57% 

A sign is posted in front of the Nvidia headquarters on May 10, 2018 in Santa Clara, California.
Nvidia headquarters in Santa Clara, California

Justin Sullivan/Getty Images

1. Tesla

Ticker: TSLA

WallStreetBet Mentions Over Past 24 Hours: 1,050

Market Capitalization: $1.05 trillion

One-Week Performance: -8.50% 

Tesla SuperCharger

Associated Press