Good afternoon, everyone, and welcome to the Stocktwits Top 25 Newsletter for Week 51 in 2020.
The Stocktwits Top 25 reports the 25 best-performing stocks in the S&P 500, Nasdaq 100, and Russell 2000 year to date (YTD), and tracks their performances over time.
Here are your Stocktwits Top 25 Lists for Week 51:
ST Top 25 S&P 500
The ST Top 25 S&P 500 was on a mission this week — 23 out of 25 names closed higher.
#1-ranked Etsy etched a 12% weekly gain. Esty’s now +100% ahead of Carrier Global Corp.
Abiomed ascended 13.5% and entered the list as a Freshman. It currently ranks #22. Read more below.
#17 FedEx was the worst-performing stock on the ST Top 25 S&P 500 list. $FDX fell 4.8%. See it on the Sinner’s list.
The Stocktwits Top 25 S&P 500 Momentum Meter ripped 5.76% while the S&P 500 gained 1.25%. The 4.51% differential indicates that the top stocks in the S&P 500 outperformed the full index by a large amount.
The Big Cap Nasdaq 100
The ST Top 25 N100 List posted a strong week. 23/25 names closed positive, same as above.
Tesla, up 14%, was the List’s biggest winner. See more below.
JD.com and Lam Research Corp. were the only losers. $JD dropped 1.30% while $LRCX lost 2.2%. They now rank #5 and #21, respectively.
NetEase was the only Freshman on the list. It gained 7.4% and now ranks #25.
The top 6 names on the list stayed put.
The ST Top 25 Nasdaq 100 Momentum Meter grew 5.45% during Week #51 while the full Nasdaq 100 increased 2.93%. The 2.52% differential suggests the top stocks outperformed the full index with ease.
Small-Cap Russell 2000
The ST Top 25 Russell 2000 List is feeling the Christmas spirit with plenty of green and red. 17/25 names closed higher.
Aspira Women’s Health Inc soared 41% and reached prices not seen in a decade. The stock gained 7 spots on the ST Top 25 R2K List, moving from #20 to #13.
#24 $PRTS got a flat tire and deflated 13% in Week 51. It’s a Sinner below.
#1 Novavax and #2 Vaxart traded quietly, both falling < 1% WTD.
The ST Top 25 R2K Momentum Meter gained 6.44% while the Russell 2000 index closed up 3.05%. The 3.39% differential suggests that the top stocks were much stronger than the full index.
ST Top 25 TOP DAWG OF THE WEEK 🐶
The ST Top 25 Top Dawg for Week 51, 2020 is #22 S&P 500 – Abiomed Inc.
Abiomed ascended 13.5% this week and claimed the #22 spot on the ST Top 25 S&P 500 List as a Freshman. $ABMD is now up 72% YTD.
Here’s the daily chart:
$ABMD announced the achievement of two milestones in the development of its Impella heart pump on Tuesday. The Impella ECP heart pump completed the first stage in its U.S. FDA early feasibility study (EFS), and the FDA has granted 510(k) clearance to its Impella XR sheath.
Chuck Simonton, Abiomed’s Chief Medical Officer, said:
These milestones are important steps toward the fulfillment of Abiomed’s vision of creating an innovative portfolio of products that are smaller, smarter and more connected. Design innovations like Impella ECP and Impella XR sheath will allow for a smaller access site with Impella, which will continue to drive better patient care and outcomes.
The Winners 📈
△ #9 N100 – Cadence Design Systems marched to new all-timers this week. The stock finished up 11.4% and gained 2 spots from #11 to #9 on the ST Top 25 S&P 500 List.
On Wednesday, Cadence announced that Samsung Foundry has certified its complete Cadence® system analysis. Read about it here.
This chip design improves hyperscale computing, 5G communications, and automotive applications — especially those involving artificial intelligence (AI).
Here’s the weekly chart:
△ #14 R2K – Digital Turbine Inc did its thing in Week 51. The stock was the second-biggest gainer on the ST Top 25 R2K List, rising 32%. The software company is now ranked #14.
$APPS traded dominantly, closing green all 5 days this week. That makes for 5 consecutive green weeks!
Here’s a great post shared by Stocktwits user, RockemSockemProStocks:
△ #1 N100 – Tesla Inc. Will it ever go down? The EV stock gained another 14% and closed at new highs. It’s now up 730% YTD, +230% ahead of #2 Zoom Video Communications.
$TSLA will be added to the S&P 500 at its full float-adjusted market cap weight, effective on Monday. It will be the largest company ever added to the index.
The stock is now up 57% since S&P Global announced that it would be added to the S&P 500. 💪
△ #20 R2K – eXp World Holdings notched 4 green days in Week 51 to gain 14.5%. The fast-growing residential & commercial real estate company now ranks #20 on the ST Top 25 R2K List.
eXp Realty announced Tuesday that it has expanded into France under the eXp France Banner. The company now operates in 7 other countries including Australia, Canada, India, Mexico, Portugal, South Africa, and the United Kingdom, with more than 40,000 agents across the globe.
Michael Valdes, President of eXp Global, said:
Our expansion into France represents our final international expansion of 2020. As the third-largest economy in Europe, France is an optimal location to launch our innovative, agent-centric real estate model. We have identified a significant opportunity in France to provide agents with a platform that allows for potential financial independence and access to our unique, proprietary tools.
$EXPI is up 577% YTD.
The Sinners 📉
▼ #17 S&P 500 – FedEx tumbled after the parcel company failed to provide guidance for 2021. $FDX fell 9 spots from #8 to #17.
FedEx reported strong second-quarter results after the bell Thursday, and revenue grew 19% YoY. Here are the numbers:
EPS: $4.83 vs $3.90 est.
Revenue: $20.6B +19% YoY
Here’s a nice infographic:
$FDX is still up 82% YoY.
▼ #24 R2K – CarParts.com broke down 13% in Week 51 after falling 16.3% last week. The auto parts company slid 7 spots on the ST Top 25 R2K list from #17 to #24.
$PRTS set the tone on Monday, falling 6%. The stock closed red every day after.
Here’s the daily chart: