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What Stocks are Saxo Clients Buying and Selling – 3 November

Neil Wilson
Investor Content Strategist

Summary:  In this series you will gain the exclusive insight of what Saxo clients are buying and selling week on week. This is not financial advice, Capital at Risk.

Most Bought and Sold Stocks Last Week

One stock stood out last week as investors piled into Meta after the company’s shares fell abruptly after its latest earnings update.

Meta shares fell around 13% after the company reported third-quarter earnings that beat on sales, but it also reported a $16 billion one-time tax charge.

Some of the biggest position changes week-on-week included buying into Fiserv, shares of which halved in value last week, as well as Strive (Asset Entities), the Bitcoin holding company owned by Vivek Ramaswamy, the one-time Republican presidential hopeful.

Other top traded names included Palantir and Alphabet as US tech stocks rallied to complete a 4.7% gain in the Nasdaq for October.

Conversely, clients were offloading Amazon last week despite the company’s earnings sending shares up 10% on Friday.

It posted cloud revenues +20% in Q3, with CEO Andy Jassy saying that AWS is "growing at a pace we haven't seen since 2022". 

We also noted negative position changes in Intel, Tesla and GSK.

Here’s a rundown of the top 30 most actively traded stocks and ETFs with the percentage of buys.

 

Top Stocks

Buy%

NVIDIA Corp.

54%

Meta Platforms Inc.

79%

Amazon.com Inc.

40%

Tesla Inc.

49%

Microsoft Corp.

60%

Palantir Technologies Inc.

61%

Alphabet Inc. Class A

60%

Apple Inc.

50%

Advanced Micro Devices Inc.

57%

Vanguard S&P 500 Dist UCITS ETF

72%

Intel Corp.

36%

Strategy Inc.

78%

Broadcom Inc.

64%

Netflix Inc.

57%

PayPal Holdings Inc.

64%

Fiserv Inc.

86%

iShares Physical Gold ETC

64%

Qualcomm Inc.

57%

Alibaba Group Holding Ltd - ADR

50%

MP Materials Corp.

63%

TSMC - ADR

32%

UnitedHealth Group Inc.

50%

Nebius Group NV

65%

Oracle Corp.

60%

SoFi Technologies Inc

58%

CoreWeave Inc.

76%

Novo Nordisk B A/S

84%

BitMine Immersion Technologies Inc

86%

Coinbase Global Inc

48%

Rio Tinto Plc

16%

 

 

Source: Saxo

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