Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers.
Here is a look at the most-searched stocks on Benzinga Pro for the month of February 2023.
1. SPDR S&P 500 Trust ETF SPY
Month End Price: $396.31
52-Week Range: $348.11 to $462.07
YTD Return: +4.1%
January Search Rank: 1st
2022 Search Rank: 1st
The SPDR S&P 500 ETF continues to rank as the top searched ticker. The interest comes as the S&P 500 posted its worst loss since 2008 in 2022. The market has rebounded in 2023 and the SPY continues to be a gauge of overall market health.
2. Tesla Inc TSLA
Month End Price: $205.71
52-Week Range: $101.81 to $384.29
YTD Return: +90.3%
January Search Rank: 2nd
2022 Search Rank: 2nd
The electric vehicle giant ranked second once again, with earnings coming in late January and the stock continuing its 2023 rally. Tesla CEO Elon Musk recently retook the title of world’s richest man thanks to the surge in Tesla’s share price. Tesla will likely be a hot ticker again in March, with the company kicking off the month with its Investor Day on March 1.
3. Nvidia Corporation NVDA
Month End Price: $232.16
52-Week Range: $108.13 to $289.46
YTD Return: +62.6%
January Search Rank: 6th
2022 Search Rank: 4th
Nvidia moved up the search list by several positions with quarterly results reported in the month of February. The company was also seen as a beneficiary of the surge in interest in artificial intelligence, something highlighted by the CEO Jensen Huang on the earnings call.
Related Link: ChatGPT Opportunity Could Be Tens Of Billions Of Dollars Annually For Nvidia
4. Apple Inc AAPL
Month End Price: $147.41
52-Week Range: $124.17 to $179.61
YTD Return: +17.9%
January Search Rank: 3rd
2022 Search Rank: 3rd
Technology giant Apple fell down one position in the search result, despite reporting quarterly earnings in the month of February.
5. Invesco QQQ ETF QQQ
Month End Price $293.56
52-Week Range: $254.26 to $371.83
YTD Return: +11.0%
January Search Rank: 10th
2022 Search Rank: 6th
The leading Nasdaq 100 ETF moved up several positions in February, likely a result of the technology sector rebounding in 2023 after a poor 2022 performance.
6. Meta Platforms META
Month End Price: $174.94
52-Week Range: $88.09 to $236.86
YTD Return: +40.2%
January Search Rank: Not in top 20
2022 Search Rank: 7th
Meta Platforms shares are up nearly 20% in the last 30 days thanks to quarterly results from the company, which were reported at the start of February. The company beat Street estimates and also provided improved cost-cutting initiatives, with expenses now guided to be lower for the year.
7. Amazon.com Inc AMZN
Month End Price: $94.23
52-Week Range: $81.43 to $170.83
YTD Return: +9.8%
January Search Rank: 19th
2022 Search Rank: 8th
Amazon reported quarterly financial results in February, with revenue beating Street estimates. The company highlighted growth of its Amazon Web Services and cloud initiatives and also saw strong interest in its Prime Video business thanks to “Thursday Night Football” and “Lord of the Rings: The Rings of Power.”
8. Bed Bath & Beyond Inc BBBY
Month End Price: $1.41
52-Week Range: $1.27 to $30.06
YTD Return: -39.0%
January Search Rank: Not in top 20
2022 Search Rank: Not in top 20
The only top 10 searched-for stock in February that is down year-to-date is retailer Bed Bath & Beyond. The company saw shares fall on reports of winding down its Canadian operations and many analysts saying bankruptcy is getting closer for the retailer.
9. C3.ai Inc AI
Month End Price: $22.58
52-Week Range: $10.16 to $30.92
YTD Return: +104.0%
January Search Rank: Not in top 20
2022 Search Rank: Not in top 20
February saw a surge in stocks that were involved in the artificial intelligence sector or were utilizing ChatGPT. With a ticker of AI and AI in its name, C3.ai became one of the most searched-for stocks in February.
10. Carvana Co CVNA
Month End Price: $9.42
52-Week Range: $3.55 to $150.84
YTD Return: +103.5%
January Search Rank: Not in top 20
2022 Search Rank: Not in top 20
Carvana rejoined the top 10 searched stocks in the month of February, after ranking 10th in December and not reaching the top 20 in January. The company reported earnings that saw shares fall. The stock remained an often talked about short squeeze mention during the month.
Honorable Mentions: The following stocks were the 11th to 20th most-searched tickers on Benzinga Pro in February 2023.
11. Alphabet Inc GOOGGOOGL
12. AMC Entertainment Holdings AMC
13. Terran Orbital LLAP
14. Genius Group GNS
15. SeqLL Inc SQL
16. Intuitive Machines LUNR
17. Kiora Pharmaceuticals KPRX
18. Silvergate Capital SI
19. Ambrx Pharmaceutical AMAM
20. Troika Media Group TRKA
The top searched stocks in February saw seven of the top 10 names from January carry over, including four of the top five. Hot stocks like Carvana, Bed Bath & Beyond and C3.ai were among the most searched stocks as their shares were volatile during the month.
Dropping out of the top ten from January were Microsoft Corporation MSFT, Vinco Ventures BBIG, Ford Motor Company F, Lucid Group LCID and Netflix Inc NFLX.
AMC Entertainment ranked in the top 20 in December, January and February and is getting closer to getting back into the top 10 where it often ranked in 2022.
For more insights into what Benzinga readers are searching for and stocks seeing increased sentiment, check out the recently launched Stock Whisper Index, which highlights stocks to watch.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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