Good evening, everyone, and welcome to the Stocktwits Top 25 Newsletter for Week 4 in 2021.
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 4:
ST Top 25 S&P 500
The ST Top 25 S&P 500 closed red for the first time in 2021. 13 of 25 names were negative.
Discover Inc moved into the top spot on the list after gaining 6.51%. $DISCK moved 4 spots from #5 to #1.
Abbott ascended 9.53% after reporting Q4 earnings. It’s a Freshman below.
$LUMN leaped 10.83%, $IRM increased 11.67%, and $SLG soared 7.37%.
10 Freshmen appeared on the list, notable names include $BIIB, $EBAY, and $GILD.
The Stocktwits Top 25 S&P 500 Momentum Meter lost 0.03% while the S&P 500 decreased 3.31%. The 3.28% differential indicates that the top stocks in the S&P 500 outperformed the full index by a good amount.
The Big Cap Nasdaq 100
The ST Top 25 N100 List had its first down week in a while. Just 8/25 names closed higher.
Applied Materials gave back the #1 ranking to Walgreens Boots Alliance. $AMAT fell 9% while $WBA gained 5.9%.
Skyworks Solutions stock went skyward after reporting better than expected quarterly earnings. It’s a Winner below.
Biogen Inc and Illumina Inc both improved 16 spots from last week. $BIIB ranks #3 while $ILMN sits in 4th.
4 new names made the list.
The ST Top 25 Nasdaq 100 Momentum Meter decreased 2.78% during Week 4 while the full Nasdaq 100 fell 3.30%. The 0.52% differential suggests the top stocks performed better than the full index by a slim margin.
Small-Cap Russell 2000
The ST Top 25 Russell 2000 is on a roll. 6 names gained >50%, 18/25 closed higher.
Gritstone Oncology gave back the top spot after falling 33%. Read more below.
GameStop gained 400% in Week 4, good enough to grab the #1 ranking on the ST Top 25 R2K List. $GME moved from #6 to #1, it’s the Top Dawg below.
$VIR flew 59.24%, $AMC ascended 277.78%, and $SAVA soared 54%.
10 of the 25 names are newcomers to the list.
The ST Top 25 R2K Momentum Meter popped 50.36% while the Russell 2000 index closed down 4.39%. The 54.75% differential suggests that the top stocks beat the full index without a problem.
ST Top 25 TOP DAWG OF THE WEEK 🐶
The ST Top 25 Top Dawg for Week 4, 2021 is #1 R2K – GameStop.
GameStop galloped 400% higher in Week 4 and claimed the top spot on the ST Top 25 R2K List. $GME moved from #6 to #1.
Here’s the daily chart:
$GME gapped up 48.7% Monday morning to begin what would be a historic week. Melvin Capital Management had to be bailed out by Citadel LLC and Point72 Asset Management after shorting the stock.
The squeeze continued Tuesday as $GME trekked 92% higher. Just when it couldn’t get crazier, the stock popped another 135% on Wednesday.
The storyline of the week occurred Thursday as traders were restricted from trading “high risk” securities like $GME, $AMC, and $KOSS. Robinhood eventually reversed the restrictions on Friday, but not before most of the social media universe got their lick in on the brokerage.
Are there any more shorts to squeeze or is GameStop’s time in the sun over? Time will tell…
The Winners 📈
△ #10 N100 – Skyworks Solutions Inc had itself a stellar week. Skyworks made a big move on the ST Top 25 N100 List, jumping to #10 as a Freshman. $SWKS gained 5%.
$SWKS beat on top and bottom lines after the bell Thursday. Earnings rose 100% while sales jumped 69% YoY.
Here are the numbers:
EPS: $3.36 vs $2.08 est.
Revenue: $1.51b, +69% YoY
Here’s a daily chart:
Liam K. Griffin, CEO of Skyworks said:
Skyworks delivered all-time record quarterly results, leveraging our expansive technology reach. Demand for our proven solutions continues to accelerate across a growing set of customers and end markets, powering the world’s most impactful use cases, from 5G mobile platforms to IoT, wireless infrastructure, autonomous transport and machine-to-machine installations.
△ #15 S&P 500 – Iron Mountain Inc closed at an all-time high in Week 4. The storage and information management company increased 11.67% to appear on the ST Top 25 S&P 500 List as a Freshman.
$IRM can thank the short hunters for giving the stock a much-needed boost. The stock has a short float of 17.51%…
Here’s $IRM’s weekly chart📈:
$IRM is up 14.21% YTD.
△ #11 R2K – Vir Biotechnology Inc closed at new-highs this week as a Freshman. The biotech stock finished up an impressive 59.24% to claim the #11 ranking on the ST Top 25 R2K List.
On Tuesday, Vir announced initial topline data from its ongoing trial of VIR-3434 in patients with chronic hepatitis B virus (HBV) infection. Data from the first blinded cohort showed that six of eight patients achieved a meaningful reduction of serum hepatitis B virus surface antigen (HBsAg) by day eight.
Just one day later, Eli Lilly and Company, Vir Biotechnology, and GlaxoSmithKline announced a collaboration to evaluate a combination of two COVID-19 therapies in low-risk patients with mild to moderate COVID-19. This unique collaboration marks the first time that monoclonal antibodies from separate companies will be brought together to explore potential outcomes.
Vir has got it going on, best of luck!
$VIR is up 119.30% YTD.
△ #19 S&P 500 – Abbott Laboratories locked in a spot on the ST Top 25 S&P 500 List. The pharmaceutical company ascended 9.5% to rank #19.
$ABT smashed quarterly estimates for Q4 on Wednesday. Coronavirus testing contributed $2.4 billion in the quarter.
Here are the stats:
EPS: $1.45 vs $1.36 est.
Revenue: $10.70b, +29% YoY
$ABT is up 12.88% YTD.
The Sinners 📉
▼ #3 R2K – Gritstone Oncology gave up half of Week 3’s gain as it pulled back from highs. The biotech company fell 2 spots from #1 to #3 and lost 33%.
$GRTS was last week’s Top Dawg, gaining 324% after announcing the development of a second-generation vaccine against SARS-CoV-2. This week it’s the Top Loser. Keep this name on the watch-list to see if it can mount a comeback.
Here’s the weekly chart since conception:
$GRTS is still up 335.50% YTD.
▼ #8 N100 – Applied Materials #1 ranking didn’t last long. The semiconductor company dropped 9% and lost 7 spots on the ST Top 25 N100 List.
$AMAT fell 3 of 5 days this week after closing at all-time highs in Week 3. The stock now sits 13% away from highs.
Can Applied Materials bounce and claw back at the loss next week? Place your bets…
$AMAT will report earnings after market close on Feb. 10.
