Welcome to the Stocktwits Top 25 Newsletter for Week 4 of 2023!
The Stocktwits Top 25 reports the 25 best-performing stocks in the S&P 500, Nasdaq 100, and Russell 2000 year to date (YTD) and tracks their performances over time.Β
Here are the Stocktwits Top 25 Lists for Week 4:
Standard and Poor's 500
ST Top 25 S&P 500
The S&P 500 Top 25 list (+9.23%) outperformed the S&P 500 index (+2.47%).Β
There were seven major changes to the list this week.
Joining: Seagate Technology (+16.26%), Albermarle (+13.37%), Align Technology (+10.78%), Micron Technology (+9.25%), Capital One (+12.86%), Qorvo Inc. (+9.00%), and Steel Dynamics (+10.10%).
Leaving: IDEXX Laboratories (-0.38%), Freeport-McMoRan (-1.30%), Delta Air Lines (-0.77%), Valero Energy (+0.34%), Celanese Corp. (-0.90%), Alaska Air Group (+2.41%), and MGM Resort International (+5.02%).
Check out how the momentum meter has performed vs. the S&P 500 index this year:
NASDAQ 100
The Large-Cap Nasdaq 100
The Nasdaq 100 Top 25 list (+10.90%) outperformed the Nasdaq 100 index (+4.71%).
There were five major changes to the list this week.
Joining: Pinduoduo (+12.75%), Marvell Technology (+12.08%), Advanced Micro Devices (+7.61%), NXP Semiconductors (+7.74%), and Apple (+5.85%).
Leaving: Charter Communications (-0.43%), Diamondback Energy (+2.30%), Cadence Design Systems (+3.80%), Autodesk (+2.42%), and eBay (+5.02%).
RUSSELL 2000
The Growth-Centric Russell 2000
The Russell 2000 Top 25 list (+14.76%) outperformed the Russell 2000 index (+2.36%).
There were five major changes to the list this week.
Joining:Β Wejo Group (+50.00%), LendingTree (+24.66%), Applied Digital (+33.33%), Clear Channel Outdoor Holdings (+18.54%), and Doma Holdings (+33.96%).
Leaving: Bakkt Holdings (-13.50%), Fulcrum Therapeutics (+1.90%), Skillz (+2.50%), Janux Therapeutics (+1.34%), and ThredUp (-3.85%).
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ST Top 25 TOP DAWG OF THE WEEK πΆ
The Top 25 lists’ Top Dawg was Lucid Group Inc.,Β which rallied 64.58%. π
The entire electric vehicle sector received renewed buying interest following Tesla’s earnings after the bell on Wednesday. β‘
But what really got Lucid Motors shares moving on Friday was speculation that Saudi Arabia’s Public Investment Fund (PIF) is considering buying a remaining stake in the luxury electric vehicle startup. Shares were up as much as 100% at their highs, ultimately closing up 43% on the day. π°
$LCID is up 108.59% YTD.