0.6 C
Bucharest
February 1, 2023
EDITORIALOP-EDOPINIONPOINTS OF VIEW

2022 top stocks in Romania: Retail investors keep faith in big tech despite sell off, while Netflix enters top 20 list

  • Tesla, Nio & UiPath are the three most popular stocks held by Romanian investors on the eToro platform
  • Netflix entered in top 20 list following recent share price gains
  • Meme stock Gamestop falls seven places on the list as more retail investors sell

 Retail investors appear to be keeping faith in big tech stocks despite the 2022 sell-off wiping hundreds of billions of dollars from their market value, according to the latest quarterly stocks data from social investing network eToro.

Tesla was top of the 20 most popular stocks in Romania on the eToro platform at the end of 2022 followed by EV Chinese competitor Nio and Romanian-born tech unicorn UiPath, with little change across the board compared to 2021.

Over the last 12 months, there was one new company making the top 20 list – Netflix, which even surpassed its entertainment rival Disney in the preferences of Romanian investors.  Meanwhile, Richard Branson’s aerospace company Virgin Galactic, and healthtech stock Asenus, fell three places during the last year, now closing the list.

Globally, there were two new entrants on the list – Coca-Cola, a popular defensive stock which has seen a World Cup sponsorship bounce and US firm Intel, one of the world’s largest semiconductor chip manufacturers.

Commenting on the data, eToro’s Global Market Strategist Ben Laidler, said: “2022 was an exceptionally poor year for investments, and for some of our users, it would be the biggest bear market that they have experienced. However, we know from our latest Retail Investor Beat* that the vast majority of retail investors have long term time horizons, making them resilient to market cycles.

 “From what we can see, a lot of retail investors took a ‘wait and see’ position in 2022 rather than change their investment approach. The most popular stocks are still dominated by big tech despite this year’s sell off, but when we look at these names – Apple, Microsoft, Meta, Alphabet – we are talking about giants with fortress balance sheets, structural growth outlooks and now cheaper valuations, which could have encouraged more to buy in. Certainly companies which still deserve a place within a diversified portfolio. ”

There was also some movement amongst those on the list, with meme stock Gamestop falling down to 12th place (14th globally) having seen a 14% drop (17% globally) in eToro users holding the stock.

Laidler adds:The two additions to the top 20 list globally make sense. Intel is well placed to benefit from any easing of the semiconductor downturn, with its industry leadership and now much cheaper valuation, while Coca-Cola’s dominance of the global soft drinks industry has seen it successfully navigate previous recessions.

 “It might surprise some that Netflix has moved up. We are likely seeing the result of bottom fishing, with retail investors who bought in during the summer months enjoying fairly significant gains since then, with the firm’s management navigating the cost of living crisis with new programming, ad-supported subscriptions and a password-sharing crackdown.”

 

Rank Most held stocks amongst eToro’s Romanian users at end of Q4 2022 Most held stocks amongst eToro’s Romanian users at end of Q4 2021
1 Tesla Motors, Inc. Nio Inc.
2 Nio Inc.-ADR UiPath Inc.
3 UiPath Inc. Tesla Motors, Inc.
4 Apple Apple
5 Meta Platforms Inc GameStop Corp.
6 Amazon.com Inc Palantir Technologies Inc.
7 Palantir Technologies Inc. Alibaba
8 Microsoft Amazon.com Inc
9 NVIDIA Corporation Meta Platforms Inc
10 Alphabet BioNano Genomics Inc
11 Alibaba-ADR Microsoft
12 GameStop Corp. Alphabet
13 BioNano Genomics Inc NVIDIA Corporation
14 Advanced Micro Devices Inc Asensus Surgical Inc.
15 Intel PayPal Holdings
16 PayPal Holdings Advanced Micro Devices Inc
17 Netflix, Inc. Virgin Galactic Holdings Inc
18 Walt Disney Intel
19 Asensus Surgical Inc. Nano Dimension Ltd
20 Virgin Galactic Holdings Inc Walt Disney

All data accurate as of after market close on Friday 30th December 2022.

Rank Most held stocks amongst eToro’s global users at end of Q4 2022 Most held stocks amongst eToro’s global users at end of Q4 2021
1 Tesla Motors, Inc. Tesla Motors, Inc.
2 Amazon.com Inc Nio Inc
3 Apple Amazon.com Inc
4 Nio Inc Apple
5 Meta Platforms Inc Alibaba
6 Microsoft Meta Platforms Inc
7 Alibaba GameStop Corp.
8 NVIDIA Corporation Microsoft
9 Alphabet Alphabet
10 PayPal Holdings NVIDIA Corporation
11 GameStop Corp. Palantir Technologies Inc.
12 Palantir Technologies Inc. PayPal Holdings
13 Walt Disney BioNano Genomics Inc
14 Netflix, Inc. Walt Disney
15 Coinbase Global Inc Coinbase Global Inc
16 Advanced Micro Devices Inc AMC Entertainment Holdings Inc
17 BioNano Genomics Inc Asensus Surgical Inc.
18 Intel Advanced Micro Devices Inc
19 AMC Entertainment Holdings Inc Netflix, Inc.
20 Coca-Cola Virgin Galactic Holdings Inc

All data accurate as of after market close on Friday 30th December 2022.

 

*eToro’s Retail Investor Beat is published each quarter and looks at the sentiment of 10,000 retail investors globally.

 

Notes

 

The data in the table shows the top 20 most held stocks positions (open positions) by investors on the eToro platform in Romania and globally  at the end of the Q4 2022 and the end of Q4 2021. As the vast majority of stocks traded on eToro are the real asset, this data does not include positions held as CFDs.

About eToro


eToro is a social investment network that empowers people to grow their knowledge and wealth as part of a global community of investors. eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. Today, eToro is a global community of more than 30 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.

Related posts

Seven billion imperatives

The Fraud and the Soul

Rising risks in energy supply

NINE O'CLOCK