Published on 29 Apr 2024 on Insider Monkey via Yahoo Finance
In this piece, we will take a look at the 13 most popular retail investor stocks in 2024. If you want to skip our introduction to how retail trading has changed over these past couple of years and some recent trends, then you can check out 5 Most Popular Retail Investor Stocks in 2024.
The stock market of 2024 is quite different from the one present at the turn of the millennium. This is because the internet and consumer technology have made vast sums of information available to anyone willing to learn. As a result, more people are able to invest in the stock market, and this trend soared during the coronavirus pandemic. While the pandemic is known for the devastating disease and the lock downs, at the same time, it also put retail investors for the first time on Wall Street's map. This happened through the meme stock mania, which saw popular companies GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings, Inc. (NYSE:AMC) soar on the stock market as retail investors joined forces on social media and bought the shares in bulk.