Welcome to the Stocktwits Top 25 Newsletter for Week 08 of 2024!
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.
Here are the Stocktwits Top 25 Lists for Week 08:
P.S. To help you understand this data further, check out our FAQ page, and feel free to reach out if you have questions!
Standard and Poor's 500
ST Top 25 S&P 500
The S&P 500 Top 25 list (+2.04%) outperformed the S&P 500 index (+1.66%).
There were 3 major changes to the list this week.
Tech stocks continue to dominate the list, with sentiment scores also ticking down across the board. Could the Stocktwits community be anticipating a change of trend in the market?
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 (+1.42%) performed exactly in line with the Nasdaq 100 index (+1.42%). We’ve never seen that before, so we had to double-check the numbers real quick, lol.
There were 5 major changes to the list this week.
Chip stocks and mega-cap tech continue to dominate the list. However, a rift is forming in cybersecurity stocks as Palo Alto Networks plummeted on weak guidance.
RUSSELL 2000
The Growth-Centric Russell 2000
The Russell 2000 Top 25 list (+12.16%) outperformed the Russell 2000 index (-0.79%).
There were 8 major changes to the list this week.
Healthcare continues to dominate as investors look for the next big winners in the space.
🐶🐶🐶
Top Dawg Of The Week 🐶
The Top 25 lists’ Top Dawg was Ventyx Biosciences Inc, which rallied 172.76%. 📈
The small-cap pharmaceutical stock seemingly jumped this week on news that Point72 Asset Management L.P. and Steven Cohen have acquired millions of shares in the company. A 13G filing was made to indicate the parties own more than 5% of a company’s total stock issuance. 📝
$VTYX is up 171.66% YTD.
