Good evening, everyone, and welcome to the Stocktwits Top 25 Newsletter for Week 6 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 6:
ST Top 25 S&P 500
The ST Top 25 S&P 500 got better just when you thought it couldn’t. 21 of 25 names closed green.
Twitter burst onto the scene gaining 26.6%. The social media stock can thank its earnings report for the stellar week. It ranks #8.
Illumina increased 17.7% in Week 6 after boosting its Q1 outlook on the need for DNA sequencing to combat Covid-19. $ILMN is ranked #5.
Limited Brands was the List’s biggest loser, falling 4.4%. $LB lost 17 spots, it’s now ranked #22.
10 Freshmen appeared on the list, including $TWTR, $ILMN, and $PYPL.
The Stocktwits Top 25 S&P 500 Momentum Meter blasted 8.63% higher while the S&P 500 gained 1.23%. The 7.40% differential indicates that the top stocks in the S&P 500 outperformed the full index without an issue.
The Big Cap Nasdaq 100
The ST Top 25 N100 List impressed for the second week in a row. 23/25 names were positive, 7 gained > 10%.
Baidu and NetEase swapped places. $BIDU blasted 16% to steal the top spot from $NTES which gained just 6.5%.
Applied Materials Inc ascended 16% along with the entire semiconductor group. It’s a Winner below.
$ILMN increased 17.7%, $LRCX leaped 15% higher, and $KLAC climbed 15.2%.
5 new names made the list.
The ST Top 25 Nasdaq 100 Momentum Meter increased 7.10% during Week 6 while the full Nasdaq 100 moved 1.5% higher. The 5.6% differential suggests the top stocks performed considerably stronger than the full index.
Small-Cap Russell 2000
The ST Top 25 Russell 2000 underperformed the S&P 500 and N100 lists for the first time in ages. Just 13 names closed higher.
GameStop and AMC Entertainment both fell for the second week in a row. $GME plummeted 17.8% while $AMC plunged 18.16%.
Veru Inc spiked 91% in Week 6 and took the #20 ranking on the ST Top 25 R2K List as a Freshman. $VERU is the Top Dawg below.
$XONE grew 35%, $MSTR moved 28%, and $AMRS ascended 22.5%.
6 of the 25 names are newcomers to the list.
The ST Top 25 R2K Momentum Meter moved 7.51% while the Russell 2000 index closed up 2.51%. The 5% differential suggests that the top stocks beat the full index by a smaller margin than usual.
ST Top 25 TOP DAWG OF THE WEEK 🐶
The ST Top 25 Top Dawg for Week 6, 2021 is #20 R2K – Veru Inc
Veru validated its spot on the ST Top 25 R2K List this week after soaring 91%. The stock had a jam-packed week full of news and announcements. $VERU is now ranked #20.
Here’s the daily chart:
$VERU reported positive Phase 2 Clinical results of VERU-111 in hospitalized COVID-19 patients at high risk for acute Respiratory Distress Syndrome on Monday. VERU-111 treatment had statistically significant 81% relative reduction in death or respiratory failure at Day 29. Nice work, team.
This wasn’t all, Veru reported quarterly records in both net revenues and gross profit for the second consecutive quarter. Revenues increased 38% YoY to $14.6 million. Here’s the full press release.
Mitchell Steiner, M.D., CEO of Veru said:
During this quarter we reported another consecutive quarterly record both in net revenues and in gross profit driven primarily by the 50% growth in prescription sales of FC2. We plan to submit the TADFIN NDA next week which, if approved by the FDA, will add to the already significant cash being generated by the FC2 business to invest in the clinical development of our late-stage prostate and breast cancer drug pipeline. We are off to a great start for fiscal 2021.
The Winners 📈
△ #5 S&P 500 – Illumina Inc closed at an all-time high in Week 6. The biotech company reported better than expected fourth-quarter earnings and increased 17.7%.
$ILMN topped sales and earnings estimates while guiding higher for 2021. Revenues grew 20% YoY.
Here are the stats:
EPS: $1.22 vs $1.21 est.
Revenue: $953M, +20% YoY
Here’s a weekly chart📈:
Francis deSouza, CEO of $ILMN said:
Illumina delivered a strong finish to 2020 with record fourth quarter revenue exceeding our expectations. We also had record orders in the quarter, including record sequencing instrument orders and the second highest quarter for NovaSeq instrument orders. Our business delivered strong sequential growth in the second half of 2020 and we expect continued recovery from the pandemic in 2021.
$ILMN is up 36.5% YTD.
△ #4 N100 – Applied Materials Inc was an animal in Week 6. The semiconductor company made the second biggest move on the ST Top 25 N100 List, ascending 16%. Applied Materials moved 7 spots from #11 to #4.
$AMAT traded green ⅘ days this week despite a worldwide chip shortage.
The VanEck Vectors Semiconductor ETF $SMH spiked 8.23% and also closed at all-time highs. Here’s how competing chip names fared during the week:
- Applied Materials Inc – $AMAT, +16%
- Lam Research Corp – $LRCX, +15%
- Nvidia Corp – $NVDA, +10%
- KLA Corporation – $KLAC, +15%
△ #2 R2K – ExOne doubled its ranking this week on the ST Top 25 R2K List. $XONE increased 35% and moved from #4 to #2.
On Monday, $XONE announced the launch of an all-new metal 3D printing system through a strategic partnership with Rapidia to enhance the Company’s portfolio and technical capabilities. As well as certain preliminary financial results for the fourth quarter of 2020 and full year 2021 guidance.
The Company expects Q4 2020 revenue of $17.0 – $17.5 million, reflecting YoY growth of 10 – 12% for the full year 2020. ExOne expects revenue growth in the range of 15 – 25% for the full year 2021.
Here’s the astounding weekly chart, up 7 weeks in a row😲
On Wednesday, ExOne announced the pricing of an underwritten public offering of 1,666,667 shares of its common stock at a public offering price of $54.00 per share. ExOne intends to use the net proceeds from this offering for working capital and general corporate purposes, including strategic investments.
△ #8 S&P 500 – Twitter Inc. The bluebird took flight this week as $TWTR flew 26.6%. The social stock was sent airborne after you guessed it, reporting earnings. $TWTR is ranked #8 as a Freshman.
Twitter reported earnings after the close on Tuesday. The company beat on both top and bottom lines, but missed daily active user expectations.
Here are the numbers:
EPS: $0.38 vs $0.31 est.
Revenue: $1.29B, +27.7% YoY
Monetizable Daily Active Users: 192M vs 193.5M est.
$TWTR closed at an all-time weekly all-time high, here’s the daily chart:
$TWTR is up 32.8% YTD.
The Sinners 📉
▼ #10 R2K – AMC Entertainment Holdings is the biggest loser in Week 6. The MemeStock fell for the second week in a row, erasing the majority of its Reddit fueled gains.
$AMC is back trading in the single digits. The stock fell 9.5% Monday and tumbled another 11% Tuesday. It closed down 4 of 5 days.
Here’s the daily chart:
$AMC is still up 163.7% YTD.
▼ #22 N100 – Tesla gave up 4.25% and fell 16 spots from #6 to #22 on the ST Top 25 N100 List.
Elon gave in and pulled the trigger on Bitcoin. Tesla bought $1.5B worth of the cryptocurrency on its balance sheet. Despite the hype and news, the EV maker closed the week red.
$TSLA has been consolidating quietly since early-January. Can the stock make a move to the upside and crack the $1k level anytime soon? Place your bets…
See Y’all Next Week 🤙