Good evening, everyone, and welcome to the Stocktwits Top 25 Newsletter for Week 1 in 2021. It’s a new year so we’ve got new lists. 💥💥💥
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 1:
ST Top 25 S&P 500
The ST Top 25 S&P 500 turned the page and kicked off 2021 on a high note.
Limited Brands took the top spot, beating out long-time winner, Tesla. $LB gained 25.71%.
Albemarle Corporation ascended 25% and settled at the second spot on the ST Top 25 S&P 500 list. See more below.
$FANG flew 17.3%, $MTB moved 13.3%, and $PXD popped 15%.
21 of the 25 names are Freshmen due to the YTD return reset.
The Stocktwits Top 25 S&P 500 Momentum Meter gained 16.92% while the S&P 500 gained 1.83%. The 15.09% differential indicates that the top stocks in the S&P 500 outperformed the full index by a lot. Will the differential retreat next week? Place your bets…
The Big Cap Nasdaq 100
The ST Top 25 N100 List got off to a strong start as every name gained at least 4%.
Tesla surged through $800 and gained 24.71%. It was the best stock in the Nasdaq 100..
Autodesk secured the final spot. $ADSK jumped 4.75%.
Walgreens Boots Alliance posted an earnings beat and gained 13.4%.
The ST Top 25 Nasdaq 100 Momentum Meter grew 8.77% during Week #1 while the full Nasdaq 100 increased 1.68%. The 7.09% differential suggests the top stocks performed far better than the full index.
Small-Cap Russell 2000
The ST Top 25 Russell 2000 List was full of movers and groovers. All 25 stocks gained more than 30%.
3 D Systems soared 124.5% after selling its software business. The stock claimed the top ranking on the ST Top 25 R2K List.
$RUN ran 30%, $GPRE gained 37.5%, and $ARCT advanced 60.58%.
Akerna Corp released an update on its MJ Analytics and ran 84.6% higher. It’s a Winner below.
The ST Top 25 R2K Momentum Meter leaped 50.21% while the Russell 2000 index closed up 5.91%. The 44.3% differential suggests that the top stocks were wildly stronger than the full index.
ST Top 25 TOP DAWG OF THE WEEK 🐶
The ST Top 25 Top Dawg for Week 1, 2020 is #1 R2K – 3 D Systems Inc.
3 D Systems traded out of the third dimension beginning 2021. It soared 124.5% in Week #1 and claimed the top ranking on the ST Top 25 R2K List.
Here’s the daily chart:
$DDD spiked 124% Thursday after announcing the sale of its non-core software businesses for $64 million in cold hard cash and stellar Q4 earnings.
The company also provided guidance, expecting revenue for Q4 2020 will be in the range of $170 million to $176 million.
Dr. Jeffrey Graves, CEO of 3D Systems said:
In the summer of 2020, we laid out a four-stage plan to deliver increased value to our customers and shareholders. This plan included: reorganization into two business units, Healthcare and Industrial Solutions; restructuring of our operations to gain efficiencies; divesting of non-core assets; and investing for accelerated, profitable organic growth.
The Winners 📈
△ #2 S&P 500 – Albemarle Corporation ascended to new highs this week as a Freshman. The largest provider of lithium for electrical vehicles finished up 25% and is ranked #2 on the ST Top 25 S&P 500 List.
On Thursday, Albemarle announced it will expand capacity at the company’s lithium production facility in Silver Peak, Nev. The company also plans to begin a program to evaluate clays and other available Nevada resources for commercial production of lithium. Here’s the press release.
△ #1 N100 – Tesla Inc. is a Winner for the third consecutive week. What can we say, Winners win🤷 The EV maker gained 24.7% and closed at a new weekly-high. Oh, and Elon surpassed Jeff Bezos as the richest man in the world…
$TSLA finished each trading session green, capping off Thursday and Friday each with 8% gains. The stock broke the $800 level and closed ten bucks away from $900.
Does this one still have a charge left in it? Place your bets…
△ #22 S&P 500 – Walgreens Boots Alliance. The buyers overwhelmed sellers in this one as it traded green ⅗ days in Week 1. The retail company released Q1 2021 results on Thursday leading to the 13.4% weekly move.
$WBA topped Wall St. estimates as the drugstore chain saw sales hold out against virus-related disruptions in the U.K. and the U.S.
Sales grew 5.7% YoY to $36.3 billion. Here’s the press release.
CEO Stefano Pessina said:
Our first quarter results exceeded expectations as we continue to deliver on our strategic priorities. As announced yesterday we have taken a major step forward in our transformation; we are divesting our pharmaceutical wholesale business with plans to use the proceeds to accelerate our investments in healthcare. While the business environment remains challenging, we are rising to the occasion with agility and discipline and we are confident in our outlook for adjusted EPS for the fiscal year.
△ #2 N100 – NetEase Inc began 2021 trading with ease. The Chinese internet company increased 19.63% and broke into the Top 3 rankings on the ST Top 25 N100 List. The name rose from #25 to #2!
$NTES got lit Tuesday, jumping 5% to close above the $100 level. It also broke out of a cup without handle pattern.
Here’s the daily chart with that rocket booster look🚀
$NTES is up 19.63% YTD.
△ #2 R2K – Akerna Corp emerged from the depths of despair. The cannabis software company may have bottomed after it gained 84.57% in a single week. It’s ranked 2nd on the ST Top 25 R2K List.
Akerna announced Wednesday that within less than 90 days of launching MJ Analytics, the platform has generated a six figure increase in sales and helped clients reduce manual reporting workflows by 90% through the use of scheduled reports.
Since launch, MJ Analytics has:
- Processed a total of 5.1 million queries
- Averaged 3.6k queries a day with peaks of 20k queries during month ends
- Signed up 40 clients for Premium Analytics, through either a trial or paid subscription
- Migrated MJ Platform clients over to Standard Analytics
Here’s the intraday chart:
△ #2 R2K – TechnipFMC had quite the week. The oil and gas company reacted well to news of a split and gained 24.5%, its biggest weekly gain since last November. The Freshman ranks at #4 on the ST Top 25 S&P 500 List.
TechnipFMC Plc said on Thursday it will split itself into two.
The group was created nearly four years ago via the merger of Technip and FMC. It had been planning to detach upstream oil services business from its engineering and construction activities.
