Vanda研究的高级副总裁Marco Iachini表示：“英伟达的股价涨幅非常惊人，已经从特斯拉手中抢走了风头。”NVIDIA has become a favorite among retail investors. According to Vanda Research, the net buying amount of NVIDIA has approached 30 billion dollars so far this year, surpassing the SPDR S&P 500 ETF (SPY), and is expected to exceed Tesla. Compared to 2021, the net inflow of retail funds into NVIDIA has grown nearly ninefold.
In the wave of AI, NVIDIA has become one of the favorite symbols of retail investors this year.
As of December 25, Eastern Time, Vanda Research data shows that retail investors have net bought nearly 30 billion USD in NVIDIA stocks as of December 17, making it the company with the highest inflow of retail funds this year. This amount is almost twice that of the US stock Large Cap ETF - SPDR S&P 500 ETF (SPY), and it is expected to surpass Tesla, which was named 'most favored stock by retail investors' in 2023.
Marco Iachini, Senior Vice President of Vanda Research, stated: 'NVIDIA's stock price rise is incredible and has taken the spotlight away from Tesla.'
Retail investment in NVIDIA has surged nearly 900% over the past three years.
Over the past year, NVIDIA has been favored by investors of all sizes. Last month, NVIDIA officially joined the Dow Jones Industrial Average and became one of the top-performing stocks among the 30 components of the index. Although trading in December has been somewhat volatile, NVIDIA is still expected to achieve a rise of over 180% by the end of 2024. Its market cap has now surpassed 3 trillion USD, making it the second-largest market cap company in the USA, only behind Apple.
The proportion of retail investors holding shares in NVIDIA has also significantly increased. According to Vanda's data, NVIDIA's weight in retail portfolios has risen from 5.5% at the beginning of this year to over 10%. Currently, NVIDIA is the second-largest holding for retail investors, only behind Tesla. This year, the net inflow of retail funds into NVIDIA has grown by over 885% compared to three years ago.
In addition, Vanda Research data shows that the inflow of retail investors' funds typically concentrates around the release of company earnings reports, especially during the market decline in early August 2023 when many retail investors seized the opportunity to buy NVIDIA stocks. Despite the recent slowdown in NVIDIA's stock price rise, analysts like Gil Luria of D.A. Davidson believe that its stock price has fallen to a more reasonable level.
Gil Luria stated that although NVIDIA's earnings continue to exceed Wall Street's expectations, the extent of the exceedance is not sufficient to support the stock price's rapid growth, and the current stock price has fallen back to a more "balanced" and "reasonable" level.
Moreover, NVIDIA's popularity is not only reflected in stock market trading but also extends to the real world. In August of this year, a group of investors held an NVIDIA earnings report viewing party in New York City, attracting significant attention from retail investors. This event occurred after the company implemented a 10-for-1 stock split, which typically attracts more retail investor participation.
In addition to NVIDIA, another company that has garnered significant attention from retail investors is Palantir. According to Vanda Research, Palantir's inflow performed excellently in 2024, becoming the ninth largest net bought security, surpassing Amazon, Alphabet, and Microsoft. Palantir's stock price surged nearly 380% in 2024, making it the best-performing stock in the S&P 500 Index.
Palantir CEO Alex Karp recently expressed gratitude to investors in a video and specifically thanked those individual investors who go beyond the norm and invest courageously.