When it came to the stock market, December gave investors reason to celebrate. Which stocks did TipRanks investors buy and sell in the final month of 2021?
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We took a look at the buy and sell transactions of the more than half a million investors who hold a TipRanks Smart Portfolio to find out.
Most Bought Stocks
Once again, there was a lot of overlap from the previous month. Two of the three most bought stocks remained the same, but Nio (NIO) replaced Meta Platforms (FB) as the third-most purchased stock.
Two names in this month’s top ten list did not appear in November: Amazon and Disney. Amazon’s reappearance on the top ten list is not surprising, as all seven of the analyst ratings it received in December were Buys. In fact, Amazon boasts 30 Buy ratings in the past three months, and zero Hold or Sell ratings. Moreover, despite its steep price, AMZN’s average price target still has a sizeable average upside of 25.9%.
As for Disney, investors are probably trying to buy the dip. Disney stock has dropped 12.2% over the past three months, and 13.1% year-over-year. Analysts are mixed on the stock, with 15 Buy and 6 Hold ratings, although all five ratings given in December were Buys. Disney also has a considerable average upside of 26.4%.
Amazon and Disney’s appearance in the top 10 have pushed both Lucid Group and Rivian (RIVN) off the list.
1 Apple (AAPL), no change
2 Tesla (TSLA), no change
3 Nio (NIO), previously 7th, replaced Meta Platforms
4 Nvidia (NVDA), no change
5 Meta Platforms (FB), previously 3rd, replaced Paypal
6 Microsoft (MSFT), previously 8th, replaced Lucid Group
7 Paypal (PYPL), previously 5th, replaced Nio
8 Disney (DIS), previously 11th, replaced Microsoft
9 Alibaba (BABA), previously 10th, replaced Rivian
10 Amazon (AMZN), previously 13th, replaced Alibaba
Most Sold Stocks
Nine out of ten of the most sold stocks in December were the same names as November. Palantir dropped off the list and Microsoft reentered.
A closer look at Microsoft shows it was also one of the most bought stocks of the month. Overall, there was an increase in the number of portfolios holding the stock in December. The technology company continues to be popular with analysts too: it has a Strong Buy rating consensus, with 24 Buy ratings and only one Hold rating. All seven of December’s analyst ratings were Buys. In addition, MSFT stock has risen by 46.2% year-over-year.
1 Nio (NIO), previously 4th, replaced Apple
2 Tesla (TSLA), no change
3 Apple (AAPL), previously 1st, replaced Lucid Group
4 Nvidia (NVDA), formerly 5th, replaced Nio
5 Alibaba (BABA), previously 10th, replaced Nvidia
6 Lucid Group (LCID), previously 3rd, replaced Paypal
7 Meta Platforms (FB), previously 9th, replaced Amazon
8 Microsoft (MSFT), previously 12th, replaced Palantir
9 Paypal (PYPL), previously 6th, replaced Meta Platforms
10 Amazon (AMZN), previously 7th, replaced Alibaba
We’ll be back soon with January’s most traded stocks. In the meantime, if you want to check out your portfolio performance, open a Smart Portfolio.
Disclaimer: The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment
