Retail traders embrace safety stocks

Top trending stocks loved by retail for April, 2023

Swaggy’s Top Stonks. We compile and analyze data from multiple sources bringing you the top trending tickers from around the internet. If you haven’t subscribed already, please do so below.

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Today's Letter

  • Most Mentioned Retail Stocks

  • Trending Crypto Currencies

  • Top Meme Stocks of the Week

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Most Mentioned Stocks on the Internet by Retail Traders

New things have been going on recently as retail traders seeking returns in safe stocks: dividends, FAANG, and precious metals gold and silver (inflation hedge, but not really, more like a doomsday hedge).

Outside of the bankruptcy names: First Republic Bank (FRC) and Bed, Bath, & Beyond (BBBY), it was a solid month of returns for the stocks retail-traders were keeping an eye on. Predominantly FAANG and index funds the returns of this basket of stocks were mostly in-line with the SPY for the month of April (+4%).

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Cryptos have been making (somewhat) of a comeback. Here’s a look at the top 10 most mentioned crypto currencies on social media using Swaggy data.

Top Meme Stocks

Here’s a look at the top meme stocks this week with FRC taking the reigns and most mentioned stock on WallStreetBets.

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