Here are the US shares that CommSec customers are buying

Every week, Commonwealth Bank of Australia‘s (ASX: CBA) CommSec brokering platform tells us the international shares that its customers have been buying lately. As CommSec is one of the largest online brokers in the country, this data can be indicative of general investing trends in our market. This week’s data covers 2-6 November.

So here are the top 10 United States shares that CommSec customers were buying last week:

Most traded US shares on the ASX

The five most traded international shares last week were the following:

1. Nio Inc (NYSE: NIO) — representing 6.4% of total trades with an 84%/16% buy-to-sell ratio.
2. Tesla Inc (NASDAQ: TSLA) — representing 5.8% of total trades with a 72%/28% buy-to-sell ratio.
3. Apple Inc (NASDAQ: AAPL) — representing 4.2% of total trades with a 73%/27% buy-to-sell ratio.
4. Alibaba Group Holding Ltd (NYSE: BABA) — representing 2.9% of total trades with an 84%/16% buy-to-sell ratio.
5. Amazon.com Inc (NASDAQ: AMZN) — representing 2.4% of total trades with a 75%/25% buy-to-sell ratio.

The next five most traded shares were these:

      6. Microsoft Corporation (NASDAQ: MSFT)

      7. Xpeng Inc (NYSE: XPEV)

      8. Advanced Micro Devices, Inc (NASDAQ: AMD)

      9. Square Inc (NYSE: SQ)

      10. Facebook Inc (NASDAQ: FB)

What can we learn from these trades?

It’s a very interesting report this week, especially when we compare it to previous weeks’ patterns. For example, we see significantly more selling pressure evident in these numbers. Our coverage of the US shares ASX investors were buying from 19-23 October shows none of the top 5 US shares having a buy-sell ratio of less than 80%/20%, yet 4 out of 5 of the top shares this week are below this ratio.

Further, this is the first week in a while that electric vehicle and battery manufacturer, Tesla, isn’t at the top of the totem pole. It’s been usurped by Nio this week, another electric vehicle manufacturer. My Fool colleague, Tony Yoo, discusses why Nio is driving investors wild right now here.

The data also showcases the popularity of Chinese shares for Aussies right now as well. Nio, Alibaba and Xpeng are all popular Chinese (though US-listed) companies. Alibaba is an e-commerce giant often described as the ‘Amazon of China’, whereas Xpeng is yet another electric vehicle manufacturer that has been causing quite a stir on the US markets. Xpeng shares are up more than 70% in the past month, and up 59% in the past week.

However, the US ‘big tech’/FAANG companies like Apple, Amazon, and Facebook remain as popular as ever, as does Microsoft. Fintech company, Square, and high-flying chip maker AMD are also regular guests on this list, so no surprises seeing these names pop up as well.

More reading

• Aussies going crazy for electric car maker, but it’s not Tesla
• Don’t fall in love with a charismatic CEO, says fundie
• Why big brokers are bullish about the Woolworths (ASX: WOW) share price 
• Why the CBA (ASX:CBA) share price and these ASX stocks could get a $100bn boost
• ASX 200 Weekly Wrap: US election special

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Sebastian Bowen owns shares of Facebook and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Alibaba Group Holding Ltd., Amazon, Apple, Facebook, Microsoft, Square, and Tesla and recommends the following options: long January 2021 $85 calls on Microsoft, short January 2021 $115 calls on Microsoft, short January 2022 $1940 calls on Amazon, and long January 2022 $1920 calls on Amazon. The Motley Fool Australia has recommended Amazon, Apple, and Facebook. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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