Retail investors remained enthusiastic on semiconductors and watched the SPY following monthly inflation data released this week. Here’s a look at the week’s most mentioned stocks on Reddit’s WallStreetBets:
WSB on NVDA: According to data from Quiver Quantitative, the stock with the most mentions this week is, once again, Nvidia Corporation (NASDAQ:NVDA) with more than 6,700 mentions over the past seven days. Investors are looking ahead to the Nvidia GTC artificial intelligence conference next week. WallStreetBets' Redditors remain bullish on the stock, which has gained nearly 80% year-to-date.
"AI will change the world, it’s not a hype that will go away and its capabilities grow at (an) almost terrifying pace. It’s not overrated, no tulips. It will fundamentally change things for pretty much every company and individual on the planet to some extent … Will NVDA competitors catch ...