The Most Traded Stocks by TipRanks Investors in February 2022

We’re only two months into 2022 and the markets, and the world at large, have taken a turn for the worse. To see which stocks TipRanks investors traded in the volatile month of February, we looked at the Buy and Sell transactions of more than half a million investors who hold a TipRanks Smart Portfolio.

Most Bought Stocks

Advanced Micro Devices (Nasdaq: AMD) was the most bought stock of the month. On 14^th February, the company merged with Xilinx. As a result, Xilinx stockholders received 1.7234 shares of AMD common stock. In return, there was a whopping 54.3% increase in the number of portfolios tracked by TipRanks holding AMD in February. Looking back to January, it replaced SoFi which dropped down to 12^th place.

At the beginning of the month, AMD earnings report beat estimates, then in mid-February it closed its $35 billion acquisition for Xilinx. More good news followed on February 25 when the chipmaker unveiled a new $8 billion buyback program.

Of course, these are volatile days, however, on March 1, 5-star analyst Mark Lipacis from Jefferies, maintained a Buy rating for the stock, with a slightly lower price target. 23 analysts have rated the stock in the past three months, 15 have said Buy, and 8 have said Hold, giving it a Moderate Buy consensus. Their average price target of $154.24 indicates over 30% upside potential. In the previous quarter, hedge funds increased their holdings of AMD. Alongside positive blogger opinion, news sentiment, technicals, and fundamentals, the stock has a maximum Smart Score of 10, according to our data-driven stock score.

1. Advanced Micro Devices (AMD), previously 13^th, replaced Apple 

2. Apple (AAPL), previously 1^st, replaced Tesla

3. Meta Platforms (FB), previously 6^th, replaced Microsoft

4. Nvidia (NVDA), no change

5. Tesla (TSLA), previously 2^nd, replaced Nio

6. Microsoft (MSFT), previously 3^rd, replaced Meta Platforms

7. Google (GOOGL), previously 8^th, replaced Amazon

8. PayPal (PYPL), previous 10^th, replaced Google

9. Amazon (AMZN), previously 7^th, replaced SoFi

10. Nio (NIO), previously 5^th, replaced PayPal

Want to know how your portfolio measures up? Open a Smart Portfolio

Most Sold Stocks

Eight out of ten of the most sold stocks were the same as the previous month. AMD and Disney appeared on the list, while Ford and Lucid Group dropped off it. Although Disney was the tenth most sold stock of the month, it remains popular with TipRanks investors. In February, there was a 2.8% increase in the number of portfolios holding the stock. Disney (NYSE: DIS) has a Moderate Buy analyst rating consensus, based on 15 Buy and 5 Hold ratings. The average price target of $193.89 indicates over 30% upside. Hedge funds decreased their Disney holdings last quarter and with negative technicals and fundamentals, the stock currently has a Neutral Smart Score of 5.

1. Apple (AAPL), previously 2^nd, replaced Nio

2. Meta Platforms (FB), previously 8^th, replaced Apple

3. Tesla (TSLA), no change

4. Nvidia (NVDA), no change

5. PayPal (PYPL), previously 6^th, replaced Microsoft

6. Microsoft (MSFT), previously 5^th, replaced PayPal 

7. Amazon (AMZN), no change

8. Advanced Micro Devices (AMD), previously 11^th, replaced Meta Platforms

9. Nio (NIO), previously 1^st, replaced Lucid Group

10. Disney (DIS), previously 12^th, replaced Ford

We’ll be back soon with March’s most traded stocks. In the meantime, if you want to check out your portfolio performance, open a Smart Portfolio.