The market is not an easy place to navigate. There are more than 6,000 different stocks listed in NASDAQ and NYSE to choose from. Selecting the right stock becomes a tedious task for an investor as filtering out the best from a plethora of options is itself a challenge. It is wiser to rely on the technical and fundamentals of a company rather than to believe in hearsay.
Benjamin Graham, father of value investing, has emphasized that an intelligent investor does not try to time the market but values the ‘time in the market’ by picking investment options that are aligned with the risk appetite of the investor.
It becomes the basic duty of an investor to research for stock before putting a stake in the ground.
Here we have listed the top 5 stocks that made a consistent appearance on the top 20 trending stocks on Quantale dashboard owing to different factors.
But, before delving into the trending stocks, let us try and understand the classifications of a stock based on a company’s current value (as it changes over time!)
Types of Stocks-
Mainly there are three types of stocks categorized based on the company’s market value –
The term Small-Cap is generally used for the companies that have relatively small market capitalization, commonly referred to as “Market Cap”.
Market Capitalization is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share (source: Investopedia). A mid-cap company is one with a market cap ranging between $300 million to $2 billion.
Mid-capitalization describes companies having a market cap or market value ranging between $2 and $10 billion. As the name suggests, a mid-cap company is a median of large-cap (or big-cap) and small-cap companies.
3) Large Cap
Large-cap, also known as big-cap denotes companies with market value surpassing $10 billion.
Top 5 stocks that remained active on the dashboard of Quantale throughout September-
1) AMC Entertainment Holdings, Inc.
AMC Entertainment Holdings, Inc., or American Multi-Cinema which is commonly known as AMC Cinemas or AMC Multi-Cinemas in many countries, is an American movie theatre chain based out of Leawood, Kansas. AMC is said to be the largest movie theatre chain in the world. The market cap of this theatrical exhibition company is $24.04B.
AMC Entertainment was founded in 1920, It is a subsidiary of Dalian Wanda Group Co., Ltd. and enjoys the largest share of the U.S. theatre market ahead of Regal and Cinemark Theatres.
The company has an interest in guest-pleasing theatres that includes deploying plush power-recliner seats, providing enhanced food and beverage choices, engaging guests through its loyalty program, website and smartphone app, making movie-going more thrilling than ever through expanded partnerships with IMAX and Dolby Cinema, and playing a diverse range of content, including independent programming. The firm takes pride in providing customers with “AMC Amazing” experiences.
In the last month, the stock share price has jumped roughly 32%. The company’s stock stood at a close of $35.69 apiece on the 16th of last month. Currently, it is trading at nearly $47.
It touched its all-time high of ₹72.62 on NYSE on June 2, 21. The average volume of the stock is 101.45 million.
On August 9, the company posted the second-quarter earnings report with a revenue of $444.7 million and a loss per share of 71 cents.
Founded in 2003 and headquartered in Palo Alto, Tesla Inc engages in designing, developing, manufacturing, leasing, and selling electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway amongst others. The market cap of the company is $757.17B. It was formerly known as Tesla Motors but later changed its name to Tesla Inc in 2017. The company is divided into two segments–Automotive and Energy Generation and Storage.
In the Automotive segment, the company offers sedans and sport utility vehicles. The company is responsible for facilitating electric power-train components and systems as well. As per Quantale dashboard, services for electric vehicles are also provided by the company through its company-owned service locations.
The Energy Generation and Storage segment have energy storage products to offer. It includes rechargeable lithium-ion battery systems for home and industrial usage, commercial facilities, and utility grids. Besides, as per the Quantale dashboard, “the company designs, manufactures, installs, maintains, leases, and sells solar energy generation and energy storage products to residential and commercial customers.”
In the last month, the stock share price has risen roughly 10%. The company’s stock stood at $686.17 apiece on the 16th of last month. Currently, it is trading at nearly $756.
It touched its all-time high of $900.40 on NASDAQ on Jan 25 this year. The average volume of the stock is 20.02 million.
On July 26, the company posted the second-quarter earnings report with a revenue of $11,958 million and adjusted EBITDA of $2,487 million.
Founded in 2003 by William A. Sawyer and James J. Cerna, Camber Energy, Inc. is a Houston, TX headquartered independent oil and natural gas company. It purchases, develops and sells crude oil and natural gas from various recognized profitable geological formations. The company’s operations are mostly focused in Central Oklahoma, South Texas, and West Texas.
In the last month, the stock share price has risen 315.19%. The company’s stock stood at a close of $ 0.40 apiece on the 16th of last month. Currently, it is trading at almost $2.
It touched its all-time high of $3.10 on NYSE Arca on Feb 18 this year. The average volume of the stock is 243.628 million.
Bozeman, Montana based Snowflake, Inc. was founded by Marcin Zukowski, Thierry Cruanes and Benoit Dageville in 2013. The company provides cloud data warehousing software. The company focuses on SQL data warehouse, zero management, and broad ecosystem products. Its clients include the federal government, financial services, healthcare, media and entertainment, retail and consumer packaged goods, gaming, education, and technology industries with data warehouse modernization, accelerated analytics, empowering developers, and monitoring and security analytics solutions. The market cap of the company is $97.52B.
In the last month, the stock share price has risen roughly 15%. The company’s stock stood at a close of $282.17 apiece on the 16th of last month. Currently, it is trading at almost $325.
It touched its all-time high of $429 on NYSE on Dec 8 last year. The average volume of the stock is 42.58 million.
On August 25, the company posted a product revenue of $254.6 million, up103% year-over-year.
Founded by Stephen Cohen, Nathan Dale Gettings, Joseph Lonsdale, Alexander C. Karp, and Peter Andreas Thiel in 2003, Palantir Technologies Inc. focuses on building and deploying software platforms for the US intelligence community to help in conducting counterterrorism investigations and operations. The market cap of the company is $52.89B.