Every week, we Fools like to have a look at which shares Aussies are taking the most interest in. Today, we’ll be looking at the most traded US shares. Commonwealth Bank of Australia‘s (ASX: CBA) CommSec platform shares this data on a regular basis. It lists the international shares (which are almost always US shares) that ASX investors have been buying and selling on its platform, this time between 7-11 September.
Top US shares
Tesla Inc (NASDAQ: TSLA)
Will nothing take Tesla’s crown? This electric car and battery manufacturer has topped this list for the last several weeks (if not months). Elon Musk’s controversial company never seems to be far out of the spotlight and made headlines again this week for some extreme volatility. Tesla shares were up 13% last night alone and are up more than 18% over the past week.
Apple Inc (NASDAQ: AAPL)
Apple is also a share that’s been attracting a lot of attention recently, helped by the company’s recently executed 4-for-1 stock split. Apple shares have also been rather volatile in recent months. Apple was up 3% last night and is up a staggering 52% year to date. No wonder ASX investors are interested in this company.
Microsoft Corporation (NASDAQ: MSFT)
Mr Softy was the 3rd most popular US share last week. Microsoft shares are down almost 10% in September so far, so perhaps ASX investors are seeing a buying opportunity here. Even so, Microsoft is also up a healthy 28% in 2020 so far, so it’s not hard to see why ASX investors can’t leave this tech pioneer alone.
Amazon.com, Inc (NASDAQ: AMZN)
Amazon is never far from the action and once again makes the top 5 this week. Investors still can’t get enough of Jeff Bezos’ baby, despite the astronomically high share price of US$3,102.97 that the shares are currently sitting at (representing a price to earnings (P/E) ratio of 119.27).
Nikola Corporation (NASDAQ: NKLA)
Nikola is a fellow electric car and battery manufacturer which competes with Tesla, both in name (after inventor Nikola Tesla) and in the next-generation vehicle space. I say ‘compete’ lightly because Nikola has yet to have a vehicle actually on the market but has just announced a new partnership with car titan General Motors Company (NYSE: GM).
Nikola has been on the nose recently after a short-seller attack sent the shares down more than 20% over the past week. Even so, it appears many ASX investors are seeing a bargain here, with CommSec showing 73%-13% ratio of buyers to sellers.
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More reading
- Why the Tesla (NASDAQ:TSLA) share price zoomed 12.5% higher
- How the China rift could spur these ASX tech share prices to new records
- Did Apple and Tesla stock splits signal the stock market top?
- How to tell if this is the end of the ASX bull market
- 3 ways Aussies can buy Tesla (NASDAQ:TSLA) shares
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. Sebastian Bowen owns shares of Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Amazon, Apple, Microsoft, 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 and Apple. 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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