Analysts of the Investing.com international platform evaluated its users’ activity in the past two years and concluded that the majority of Russian investors are interested in stocks of major Russian companies such as Sberbank, Gazprom, Aeroflot, Norniсkel, Lukoil, Yandex and others.
Interestingly, when it comes to western assets, investors are most interested in Tesla, an American electric car manufacturer.
“Of course, investors are attracted to Elon Musk’s bodacious behavior that does influence the stock pricing. Tesla can hardly be categorized as a high-risk company although its drastic stock fluctuations are either a result of the CEO’s impactful statements and unexpected shenanigans or the company’s successful projects. Since the beginning of this year, Tesla has grown by 138.24% and on June 10 reached its record worth of $1,025.05 per share. Over the same period, BMW, for example, dropped by 20.77% and Mercedes by 22.36%,” comments Anastasia Kosheleva, Director and Editor-in-Chief of Investing.com Russia.
Besides Tesla, investors are also showing interest in Mallinckrodt Pharmaceuticals, a developer of specialized pharmaceutical products whose stocks have grown by 110% since last November in the course of just three months. Other companies of interest include The Boeing Company whose revenue dropped by 26% in Q1 year-on-year due to the suspension of 737 MAX production and the COVID-19 pandemic. Surprisingly, Apple is far from the top of the most popular stocks – still, it is the only trillion-dollar company (from the Apple-Microsoft-Amazon trio) on the list.
American investors have very similar preferences. Tesla is also the most popular company among Investing.com users, followed by Apple, Boeing, Microsoft and Amazon.