Taken as a group, the TOP 25 foreign stocks (selected out of 847 foreign companies traded on US Exchanges) have performed well, with the median for the group returning 23.91 so far this year, or positive 31.12 relative to the S&P 500.
On a volume basis, the most traded foreign stocks of the year are Alibaba Group, posting an average daily volume of 3.65 billion USD, Shopify with 1.8 billion USD, and Broadcom which traded 836 million USD on average YTD.
Alibaba’s impressive volume is 8th in the US overall, only behind Apple, Tesla, Amazon, Microsoft, Boeing, Facebook, and Nvidia. Beating out the likes of Alphabet and Netflix.
To illustrate the performance of The Top 25 Foreign stocks, we used the Economatica system to create a basket containing the 25 stocks and plotted it against the S&P 500 index. The blue line represents the group, while the red line corresponds to the S&P 500 index.
You can use the Economatica system to generate your own observations. Ask us for a free trial and see how Economatica can help you make better investment decisions.
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