Most popular UK stocks in first quarter of 2021 revealed

The most popular UK stocks in the first quarter were released.

Tesla, Nio, and GameStop are some of the most popular stocks for Saxo Markets UK and worldwide customers from January to April 2021.

GameStop was the most popular stock in the UK in the first quarter, and AMC Entertainment, owner of Odeon Cinemas, was the second most popular in the UK, ahead of Tesla, Nio and Apple.

Elon Musk’s Tesla was the world’s most popular in the first quarter, while rival electric car maker Nio was second most popular in the world and fourth in the UK.

Saxo Markets Data showed that the next four most popular customers in the UK were AMC Entertainment, Tesla, Nio and Apple.

Elon Musk’s Tesla brand was the most popular stock among Saxo customers worldwide.

Peter Garnry, Head of Equity Strategy, comments: “Global stocks continued their upward momentum in the first quarter amid heightened volatility, which was particularly noticeable in several stocks that fell sharply at the beginning of the year, such as GameStop and AMC. Many of these names continue to generate interest in retail, although some of the hype seems to have subsided. We continually encourage investors to be cautious and closely monitor risk when trading these stocks with unprecedented levels of volatility.

“Tesla continues to be a popular stock with Saxo Bank customers and increased competition contradicts current valuation of the Tesla. However, the company continues to surprise positively with first-quarter shipments of 170,000 vehicles, above estimates by the Analysts said this was largely due to a sharp rebound in Model Y sales in China, which had some uncertainty and fueled short-term momentum in the company’s share price. “

He added, “However, Tesla’s free cash flow generation remains stretched given the increased competition that will be the long-term theme for investors.

“We continue to believe that in the coming reflationary environment, investors should increase their exposure to the commodities sector and high-quality, low-debt companies. Rising interest rates should lead to a downward adjustment in equity valuations in the most speculative growth segments, such as this is why why we see a rotation into cyclical sectors that will benefit from the economic recovery and a reflationary environment. “

The most popular stocks among Saxo’s global clients in the first quarter

  1. Tesla Inc.

  2. Nio Inc.

  3. Gamestop Corp.

  4. Apple Inc.

  5. Alibaba Group Holdings Inc.

The most popular stocks among Saxo customers in the UK during the first quarter

  1. Gamestop Corp.

  2. AMC Entertainment

  3. Tesla Inc.

  4. Nio Inc.

  5. Apple Inc.

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