Decoding the Buzz: Top Reddit Stocks Last Week

October 21, 7:00 am

Investors scouring the vast forums of Reddit for stock tips have yet again shaped the market’s narrative, spotlighting select equities in the process. Reddit's influence on stocks is undeniable; from igniting buying frenzies to prompting serious due diligence among traders. Our weekly roundup highlights where the buzz has been loudest, offering a deeper insight into the securities that have caught the eyes of the Reddit community.

Trending Picks and Sentiment Swings

At the apex of discussions, Reddit Inc. itself stands, its mentions bullish yet unchanged in number, reflecting steady retail investor confidence. Meanwhile, chip-making giant NVIDIA slips slightly in chatter but holds a positive outlook among Redditors. GameStop, the infamous meme stock, sees a decline in mentions and a marginal price decrease, suggesting a cooling period for the once scorching hot stock.

Market Movements and Reddit's Role

High-tech cornerstone TESLA dips in discussion and stagnates in stock value with a noticeable bearish sentiment. In contrast, TSMC surges in mentions, coupled with a sharp increase in its stock price, hinting at a Redditor-backed rise. Similarly, semiconductor equipment producer ASML explodes in online buzz, although facing a price dip, showcasing the occasionally inverse relationship between hype and immediate market response. Smaller platforms like Truth Social and Robinhood receive mixed sentiments yet attract significant attention, underscoring the vast array of interests within the Reddit community.

This Reddit-derived top 10 list serves not as an endorsement to buy or sell but rather a beacon, a sign of where the collective investor psyche is focused. It's a reminder of the power of collective discussions and alternative data in shaping our understanding of the stock market's ever-evolving landscape.

	Mentions	Sentiment	Price	AI Score
Reddit RDDT	8,775 0.5%	Bullish	$79.35 6%	42
NVIDIA NVDA	3,411 5.8%	Bullish	$140.83 2%	59
GameStop GME	2,818 14.4%	Bullish	$21.10 1.1%	43
Tesla TSLA	1,986 60.4%	Bearish	$218.65 0.2%	49
Google GOOGL	1,617 21.8%	Bullish	$163.98 0.6%	53
TSMC TSM	1,189 412.5%	Bullish	$202.30 5.2%	66
ASML ASML	1,152 2709.8%	Bullish	$722.08 17.2%	65
Robinhood HOOD	1,133 49.3%	Bullish	$26.26 2.7%	41
Truth Social DJT	1,054 103.5%	Neutral	$30.66 2.4%	39
Netflix NFLX	1,010 383.3%	Neutral	$758.58 6.4%	63