3 Stocks Retail Investors Are Buying Hand Over Fist

For well over a century, everyday investors have been putting their money to work on Wall Street right alongside professional money managers. But since the beginning of 2021, these retail investors have made their presence felt more than ever before.

According to a recent note from Peng Cheng, the Big Data and Artificial Intelligence Strategies research leader at JPMorgan Chase, the percentage of total trading volume derived from retail investors hit an all-time high of 23% in the week of January 25 to February 1, 2023. This even surpassed the retail volume surge of the short-squeeze events of January 2021.

Although retail investors have gained notoriety for chasing momentum stocks and those with high short interest, they're far likelier to invest in brand-name growth stocks -- at least according to data from online brokerage Robinhood Markets. While there's no way to perfectly aggregate what stocks are in retail investors' portfolios across all online brokerages, Robinhood has a history of catering to everyday investors, which is what makes its leaderboard of the 100 most-held securities so valuable.

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Source Fool.com