The Rise of the Magnificent 7 Stocks: A Social Media Phenomenon
In recent years, the so-called Magnificent 7 stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla – have dominated the market, capturing the attention of social media users. These seven companies are among the top 20 most talked-about companies on platforms like Instagram and TikTok, as per analysis from fintech platform Plus500.
Social Media Buzz: Magnificent 7 and More
Alongside the Magnificent 7, companies like Walmart, Nike, Netflix, and Uber have also emerged as popular stocks among social media users. Plus500’s analysis considered Instagram media counts, TikTok view counts, and TikTok video counts to compile this index, assigning weightage to each metric to gauge the companies’ social media presence accurately.
Key Metrics and Analysis
Using hashtags like #companystock and #companyshares, the analysis delved into the social media conversations surrounding these companies, using the most common name associated with each to ensure comprehensive data collection. This comprehensive approach provides insights into the market performance and social media engagement levels of these top companies.
Exploring the Top 20 Stocks
Curious about how these popular stocks stack up? Check out the following gallery to explore the market and social media performance metrics of the top 20 stocks identified in Plus500’s analysis.
Stay Informed
Understanding the market trends and social media buzz around these prominent stocks can help investors make informed decisions. Keep an eye on these companies’ performance and engage with relevant discussions to stay ahead in the fast-paced world of investing.