Sharesight20 top 20 trades in US stocks – April 2021

Welcome to the April 2021 edition of the Sharesight20USA monthly trading snapshot, where we look at Sharesight users’ top 20 trades in US stocks on the Nasdaq, NYSE and AMEX over the month.

In this Sharesight20USA snapshot, trades were led by Tesla, which saw its share price fall throughout April. Trades were closely followed by Coinbase, which launched on the Nasdaq on April 14. Overall, it has been a varied month for US stocks with a lot of speculation from analysts, as companies prepare to release their latest earnings reports.

Sharesight20 top 20 US stock trades April 2021

Let’s look at the news behind the key stocks in this month’s snapshot:

Tesla (NASDAQ: TSLA)

• Could Tesla’s upcoming earnings report send share prices skyrocketing again? What to expect
• Analyst upgrades Tesla price target ahead of earnings report
• Deadly Texas crash reveals flaw in Tesla’s Model Y car

Coinbase (NASDAQ: COIN)

• Analyst bullish on Coinbase’s long-term upside potential; warns of short-term downside risk
• Coinbase stock plummets 35% since IPO
• Cryptocurrency exchange Coinbase Global launches on the Nasdaq

Apple (NASDAQ: AAPL)

• Apple expected to post strong quarterly earnings
• Spring launch event fails to move Apple stock price
• Apple sued over misleading iTunes ‘buy’ button

Nio (NYSE: NIO)

• Nio CEO calls for "mutual understanding" between US and China
• Stock going strong ahead of Q1 earnings results
• Nio prepares to sell cars in Europe

Alibaba (NYSE: BABA)

• Alibaba fined US$2.8 billion by Chinese government over antitrust probe
• Stock price surges despite record antitrust fine
• Alibaba and Tencent are the benchmark for Chinese tech stocks, says analyst

Amazon (NASDAQ: AMZN)

• Amazon is currently highly undervalued, says analyst
• Earnings growth expected in upcoming quarterly report
• Amazon workers fail to gain votes for unionisation

AT&T (NYSE: T)

• AT&T posts better-than-expected Q1 earnings
• AT&T looks to sell entertainment subsidiary Rooster Teeth
• Is there upside potential for AT&T?

Facebook (NASDAQ: FB)

• Facebook stock price hits an all-time high
• Mark Zucherberg has sold over US$1 billion in Facebook stock in 2021
• Facebook could have 25% upside potential, says analyst

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Disclaimer: The above article is for informational purposes only and does not constitute a product recommendation, or taxation or financial advice and should not be relied upon as such. Always check with your financial adviser or accountant to obtain the correct advice for your situation.

FURTHER READING

• Subscribe to Sharesight20 trading snapshots
• How Sharesight calculates your investment performance
• Sharesight20 top 20 trades in US stocks – March 2021