3 Big Stocks on Traders' Radars -- and What to Do With Them

BALTIMORE (Stockpickr) -- Put down the 10-K filings and the stock screeners. It's time to take a break from the traditional methods of generating investment ideas. Instead, let the crowd do it for you.

From hedge funds to individual investors, scores of market participants are turning to social media to figure out which stocks are worth watching. It's a concept that's known as "crowdsourcing," and it uses the masses to identify emerging trends in the market.

Crowdsourcing has long been a popular tool for the advertising industry, but it also makes a lot of sense as an investment tool. After all, the market is completely driven by the supply and demand, so it can be valuable to see what names are trending among the crowd.

While some fund managers are already trying to leverage social media resources like Twitter to find algorithmic trading opportunities, for most investors, crowdsourcing works best as a starting point for investors who want a starting point in their analysis.

Today, we'll leverage the power of the crowd to take a look at some of the most active stocks on the market.

Frontier Communications



Nearest Resistance: $5.30
Nearest Support: $5.00
Catalyst: Secondary Offering

Up first is $5 billion telco Frontier Communications  (FTR). Frontier has seen some pretty rough performance lately, with shares down more than 33% in the last three months alone. Friday morning, Frontier priced a 150-million share offering at $5, a deal that's carrying over into a big-volume move today.

If you liked this article you might like

Shark Tank Star Kevin O'Leary Is Trying to Solve America's Retirement Crisis

Preet Bharara, Formerly Wall Street's Top Cop, Turns to Comedy, Podcasting

The 12 Most Ridiculous Kitchen Appliances You Can Buy From Amazon