BHP Group Ltd (ASX: BHP) and ANZ Group Holdings Ltd (ASX: ANZ) were the top two most traded ASX shares last month among investors using the SelfWealth trading platform to buy and sell stocks.
Among the 10 most traded shares were eight ASX 200 companies and two from the All Ords.
Let’s take a look.
Top 10 most traded ASX shares in May
Here are the top 10 most traded ASX shares in May, according to data from Selfwealth Ltd (ASX: SWF).
| Rank | ASX shares | Percentage of buy orders |
| 1 | BHP Group Ltd (ASX: BHP) | 57.6% |
| 2 | ANZ Group Holdings Ltd (ASX: ANZ) | 53.3% |
| 3 | Fortescue Ltd (ASX: FMG) | 54.6% |
| 4 | Woodside Energy Group Ltd (ASX: WDS) | 67.7% |
| 5 | Telstra Group Ltd (ASX: TLS) | 75.1% |
| 6 | Pilbara Minerals Ltd (ASX: PLS) | 47.6% |
| 7 | Westpac Banking Corp (ASX: WBC) | 47.8% |
| 8 | Vulcan Energy Resources Ltd (ASX: VUL) | 54.5% |
| 9 | Woolworths Group Ltd (ASX: WDS) | 75.4% |
| 10 | Mesoblast Ltd (ASX: MSB) | 55.4% |
As you can see, ASX consumer staples share Woolworths shares received the strongest buyer interest among the top 10 most traded shares in May.
Top broker Goldman Sachs has a conviction buy rating on Woolworths with a 12-month share price target of $39.40.
Based on the Woolworths share price of $33.70 on Friday, this implies a potential upside of 17% for investors in FY25 if they buy today.
Telstra shares had the second strongest buying activity during the month.
Goldman has a buy rating on the ASX telecommunications share with a $4.25 price target.
The Telstra share price is $3.66 at the time of writing. Goldman’s target, therefore, implies a potential upside of 16% in FY25 on this stock.
On Friday, the S&P/ASX 200 Index (ASX: XJO) is trading 0.21% higher at 7,785.8 points. Meantime, S&P/ASX All Ordinaries (ASX: XAO) shares are up 0.19% to 8,027.7 points.
Top 10 most traded US stocks in May
Here are the top 10 most traded US stocks in May among SelfWealth traders.
| Rank | US stocks | Percentage of buy orders |
| 1 | GameStop Corp (NYSE: GME) | 43.8% |
| 2 | Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) | 55% |
| 3 | Tesla Inc (NASDAQ: TSLA) | 63.8% |
| 4 | NVIDIA Corp (NASDAQ: NVDA) | 66% |
| 5 | Advanced Micro Devices, Inc. (NASDAQ: AMD) | 59.6% |
| 6 | Apple Inc (NASDAQ: AAPL) | 43.5% |
| 7 | Amazon.com Inc (NASDAQ: AMZN) | 69.9% |
| 8 | Alphabet Inc Class A (NASDAQ: GOOGL) | 66.1% |
| 9 | Microsoft Corp (NASDAQ: MSFT) | 73.4% |
| 10 | Marathon Digital Holdings Inc (NASDAQ: MARA) | 53.4% |
Microsoft shares received the strongest buyer interest among the top 10 in May.
Microsoft is the biggest company in the United States, with a market capitalisation of $3.31 billion.
However, earlier this week Nvidia briefly overtook Microsoft when its market cap reached $3.34 billion.
Nvidia underwent a 10-for-1 stock split last week. It closed overnight at US$130.78 per share.
The post Top 10 most traded ASX shares and US stocks in May appeared first on The Motley Fool Australia.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Foolâs board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Foolâs board of directors. Motley Fool contributor Bronwyn Allen has positions in Anz Group, BHP Group, Mesoblast, and Woodside Energy Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Advanced Micro Devices, Alphabet, Amazon, Apple, Goldman Sachs Group, Microsoft, Nvidia, and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Advanced Micro Devices, Alphabet, Amazon, Apple, Microsoft, and Nvidia. 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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