COM - SA readers grab Amazon Apple and oil-related names
Seeking Alpha readers rushed into shares of Amazon (NASDAQ:AMZN) last week, according to an analysis of portfolio data. They were drawn to the megacap by a recent stock split and stock buyback. At the same time, Apple (AAPL) found significant support as well. The rally of the past few days encouraged many to move back into high-quality technology names. Meanwhile, oil volatility kept its place near the front of every investor's mind last week. Even with crude coming off its recent high, SA readers stuffed their portfolios with oil tickers, including WTI crude oil (CL1:COM), Brent crude (C01:COM) and Halliburton (HAL). Amazon Amazon (AMZN) was one of the key players during the pandemic, seemingly becoming almost every consumer's go-to shopping destination during the lockdowns. Since then, the company has become something of an also-ran among the megacaps, with firms like Tesla and Google getting more attention starting in the second
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SA readers grab Amazon, Apple and oil-related names