For those unfamiliar with StockTwits, it is essentially Twitter for the stock markets. Users specifically tweet about markets trends, investment strategies and real-time company specific events. Much like Twitter tracks trending topics, StockTwits uses “cashtags” (ex: $GOOG) to track the most discussed stocks and ETFs of the day.
The most discussed tickers are usually given that designation because they are involved in breaking news, have seen significant changes in stock price, or are generating a lot of speculation.
So, which names are generating the most buzz today, Monday, March 4th? We checked in at the close to see what caught people’s attention.
The BuzzIt is not unlikely to see popular companies Apple ( AAPL) and Google ( GOOG) as the top trenders. Apple fell 2.5% today, even though the S&P 500, DOW, and NASDAQ all posted gains. Uni-Pixel Inc ( UNXL) made the top ten today, with many investors bullish as it hit an all time high. Along with the Transports Index (TRAN) reaching new highs, it seemed as though investors were excited with the performance from JetBlue ( JBLU), which closed up 2.9%. Recent performance for AAPL, UNXL, and JBLU: Here are the top ten tweeted stocks of the day and the best tweets investors had to offer: Use the Compar-O-Matic to see average analyst recomendations, provided by Zacks: 1. Apple Inc. ( AAPL): Market cap at $404.24B. Seems like people are hopping on the David Einhorn train, even though Buffet publicly told Apple not to cave to demands from the public to let go of some if its cash reserves. PaulyShore1984 tweets, "$AAPL Scrooge McDuck for Apple CEO, he is REALLY! good at hoarding cash http://stks.co/dMOL"
2. Google Inc. ( GOOG): Market cap at $265.77B. Nothing out of the ordinary today, just seems as though people want to talk about Google when Apple makes news too. Houseoflords tweets, "$AAPL $ going into $GOOG. Simple wealth transfer by pump & dump hedge fund monkeys"3. Smith & Wesson Holding Corporation ( SWHC): Offers metal processing services and manufactures firearms and handcuffs as well as apparel and sportsmen's articles. Market cap at $650.67M. Posted gains of 4.7%, which is interesting since gun control is such a big topic in politics. Earning coming soon. Victag tweets, "$SWHC Had a sell in at 10.54 today and it did not trigger so I guess I am holding all positions for earnings…should I be worried" 4. JetBlue Airways Corporation ( JBLU): Provides passenger air transportation services in the United States. Market cap at $1.73B. Transports Index (TRAN) hit an all time high today with JetBlue posting 3% gains. ep_capital tweets, "Airlines lead $TRAN Index to new all-time highs- $DAL $UAL $ALK $LUV $JBLU" 5. Uni-Pixel Inc. ( UNXL): A production-stage company delivering its Performance Engineered Film (PEF) to the display, touch screen and flexible electronics markets. Market cap at $219.26M. Up almost 9% to a new all time high, investors remaining bullish. CH_Roach tweets, "$UNXL Fantastic close today. New all-time high today @ $23.91. $25 is coming soon, then $30!" 6. Direxion Daily Gold Miners Bear 3X Shrs. ( DUST): Direxion Daily Gold Miners Bear 3X Shrs. Closed at $61.81. A 9.2% gain is certainly nice and got people talking. Good2Go tweets, "$DUST amazing!" 7. Phillips 66 ( PSX): Oil and Gas Refiners. Market cap at $39.71B. Many oil and gas refiners saw nice gains today, PSX up 2.8%. TrendHunter tweets, "cant figure out why refiners / integrated oils are pushing just go with it $WNR $TSO $VLO $MPC $PSX etc"
8. Arena Pharmaceuticals, Inc. ( ARNA): Focuses on discovering, developing, and commercializing oral drugs in the therapeutic areas of cardiovascular, central nervous system, inflammatory, and metabolic diseases. Market cap at $1.81B. Posted a 1.7% loss trading today, but some investors are still bullish, waiting for a weight loss drug to be released. The drug has been anticipated for months. FoolBiotech tweets, "Investors are antsy waiting — when will this obesity drug launch? mot.ly/14lGsFx $ARNA $OREX $VVUS"
9. Marathon Petroleum Corporation ( MPC): Engages in refining, transporting, and marketing petroleum products primarily in the United States and internationally. Market cap at $28.17B. Up 5.6%. Another big mover in the refinery sect. Prostocktrader tweets, "$PSX (65.18) Update: Nice rally since my comment earlier in the day when it was trading sub 64. New 52 weeks highs coming as $MPC."
10. DepoMed Inc. ( DEPO): Develops and commercializes pharmaceutical products based on its proprietary oral drug delivery technologies in the United States. Market cap at $368.75M. DEPO was beat up today, down 9.8% coming from a rumor that the FDA will reject a menopause drug. Technicaltrader tweets, "FDA advisers vote to reject approval of $DEPO menopause drug http://stks.co/p4Nk"
( Written by Kapitall's Ryan Horch)