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 and market data 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.

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

Advanced Micro Devices Inc.

  • Nearest Resistance: $15.50
  • Nearest Support: $12
  • Catalyst: Technical Setup

Topping the list of the past week's most actively traded stocks is $13 billion chipmaker Advanced Micro Devices Inc. (AMD) . AMD has remained near the top of the Nasdaq's list of most-active stocks for a while now, thanks in large part to an uptrend that's propelled shares more than 500% higher in the past year. And that uptrend is still very much intact in March. For AMD bulls, it makes sense to buy Friday's 4.3% bounce higher--that's confirmation that shares are finding buying pressure at trendline support.

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