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 guide 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 for investors who want a starting point in their analysis.

Over on Real Money, Jim Cramer gives advice to investors looking at how to play the Trump Trade. Get his insights or analysis with a free trial subscription to Real Money.

Now 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: $17
  • Nearest Support: $10.75
  • Catalyst: Intel Licensing

Leading off Tuesday's list is $12 billion semiconductor stock Advanced Micro Devices Inc. (AMD) . AMD is up more than 7% as I write this afternoon, boosted by reports from Fudzilla that confirm chip giant Intel Corp. (INTC) is licensing AMD's graphics chips. As more integrated graphics chips become prevalent, Intel's license should provide an important revenue driver for AMD.

Technically speaking, AMD still looks very attractive right now. Shares have been in a long-term uptrend for a while now, and they bounced off of trend line support once again at the beginning of May. That bounce sets the stage for a move toward the top of AMD's uptrend, at $17.

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