The Average Individual Stock Investor Owns This 1 Stock. Do You?

(NASDAQ: TSLA) just might be the most popular investment on the market. Its stock saw the most net inflows from retail investors last year, according to data from Vanda Research. And roughly 43% of Tesla shares are owned by the public -- one of the highest percentages among large U.S. companies, according to data from S&P Global Market Intelligence.

Clearly, many retail investors like Tesla stock. Yet after the company reported 2023 fourth-quarter and full-year results recently, shares tumbled. That's because the automaker stated, "In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023." Now, shares are far below the 52-week high of $299.29 achieved last July.

Continue reading

Source Fool.com