Matt Leibowtiz, CEO and Founder at Stake
The USA is home to the largest share market in the world, with a diverse range of companies and listed funds to invest in. Wall Street opens investors up to global tech companies, banks and retailers, such as Apple, JPMorgan and Amazon. So, it’s no wonder many Australian investors are choosing to invest in US stocks.
Each month at Stake, we report on what Aussie investors are trading and watching on our platform. Here’s what we learned in April.
Tesla once again took out the top spot with Aussies trading Stateside.
1. Tesla (TSLA) -16.38% for April
2. Apple (AAPL) +5.64%
3. Amazon (AMZN) +8.19%
4. Walt Disney Company (DIS) +23.36%
5. Atlassian Corporation PLC (TEAM) -1.99%
1. Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares ETF (DRIP) -5.15%
2. S&P 500 Vanguard ETF (VOO) +4.03%
3. Direxion Daily Jr Gld Mnrs Bull 3X ETF, (JNUG) -22.94%
4. ProShares UltraPro QQQ ETF, (TQQQ) +16.64%
5. 3x Inverse Natural Gas (DGAZ) +14.06%
Not sure what an ETF is? Read more about ETFs here.
Zoom has raised the bar. While a Facetime to your Mum may come with a fuzzy screen, Zoom is promising reliable video conferencing for up to 1,000 participants and 10,000 viewers. The thought of that many people on one call has us buffering, but they’re delivering.
Universities, hospitals, banks and every boardroom in between are adopting the service and with a US$18b valuation, investors are wanting a slice as well. In the two weeks from Zoom’s IPO to the end of April, it’s share price zoomed up 17% and Stake traders were getting on board with hundreds of trades already being placed for the San Jose-based company.
It was a strong month for both the S&P 500 and the Nasdaq both up 3.9% and 4.9%, respectively. While many stocks ended the month with gains, here are the stocks that exceeded the rest.
1. Adient (ADNT) +78.24%
2. Impinj Inc (PI) +74.69%
3. Anadarko Petroleum Corporation (APC) +59.98%
1. Consolidated Communications Holdings Inc (CNSL) -64.33%
2. Phunware Inc.(PHUN) -50.44%
3. StoneCo Ltd (STNE) -29.97%
Deciding on any product to invest in should not be taken lightly. You should always consider the risks involved, carefully read the disclosure documents (FSG, PDS etc) and conduct your own research. For more on the risks and benefits of investing overseas, check out this article.
Cover image: vichie81 (Shutterstock)
Matt launched Stake after returning to Australia from the US, and finding it difficult to continue trading US shares. Having run global trading teams in the most sophisticated financial markets using the most advanced technologies, Matt set out to open up the world’s biggest markets to the rest of the globe.
Try our Investor Hub comparison tool to instantly compare Canstar expert rated options.
This advice is general and has not taken into account your objectives, financial situation, or needs. It is not personal advice. Consider whether this advice is right for you, having regard to your own objectives, financial situation and needs. You may need financial advice from a suitably qualified adviser. For more information, read Canstar’s Financial Services and Credit Guide (FSCG) and our detailed disclosure. Canstar may receive a fee for referring you to a product provider – for further information, see how we get paid.
Canstar is a comparison website, not a product issuer, so it’s important to check any product information directly with the provider. Consider the Product Disclosure Statement (PDS), Target Market Determination (TMD) and other applicable product documentation before making a decision to purchase, acquire, invest in or apply for a financial or credit product. Contact the product issuer directly for a copy of the PDS, TMD and other documentation.
Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular credit product or loan. If you decide to apply for a credit product or loan, you will deal directly with a credit provider, and not with Canstar. Rates and product information should be confirmed with the relevant credit provider. For more information, read the credit provider’s key facts sheet and other applicable loan documentation for that product. Read the Comparison Rate Warning.
All information about performance returns is historical. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall or rise.
Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular product. The information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. Before you decide whether or not to acquire a particular financial product you should assess whether it is appropriate for you in the light of your own personal circumstances, having regard to your own objectives, financial situation and needs. You may wish to obtain financial advice from a suitably qualified adviser before making any decision to acquire a financial product. Please refer to the product disclosure statement (PDS) and Canstar’s Financial Services and Credit Guide (FSCG) for more information, and read our detailed disclosure, important notes and liability disclaimer.
All information about performance returns is historical. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall or rise.
Canstar may earn a fee for referrals from its website tables, and from Sponsorship or Promotion of certain products. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. Sponsorship or Promotion fees may be higher than referral fees. Sponsored or Promotion products are clearly disclosed as such on website pages. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. Sponsored or Promotion products may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. For more information please see How We Get Paid.
*We are Australia’s Biggest Financial Comparison Site. Click here to learn more
This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you. Consider the product disclosure statement and target market determination before making a purchase decision. Canstar provides an information service. It is not a credit provider, and in giving you information about credit products Canstar is not making any suggestion or recommendation to you about a particular credit product. Research provided by Canstar Research AFSL and Australian Credit Licence No. 437917.