Trading Trends Among Millennials: Top 10 Stock Picks Might Surprise You

TD Ameritrade recently shared a look into Millennial Trading Trends for 2015.

The firm commented that this generation is heavily invested in individual stocks and is mostly trading them via mobile platforms. In addition, the analysts revealed the top 10 stocks traded by Millennials in 2015.

“Millennials haven’t all given up their cars for bicycles just yet,” TD Ameritrade explained. “Oil is still important to them, as it is to other generations.” In fact, oil and commodities stocks were quite popular among Millennials in 2015.

So, without further ado, let’s take a look at the top 10 stocks traded in 2015.

Top 10 Stocks Among Millennials

The top 10 stocks traded in 2015 among Millennials were:

Apple Inc. AAPL
Netflix, Inc. NFLX
Facebook Inc FB
Walt Disney Co DIS
VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return UWTI
Twitter Inc TWTR
Amazon.com, Inc. AMZN
Bank of America Corp BAC
GoPro Inc GPRO
Tesla Motors Inc TSLA

Other Trends

As stated above, Millennials love their mobile devices. According to the report, 35 percent of total trades were made via mobile devices, while only 29 percent were web trades.

Also of note is the trend of Millennials’ preference for individual stocks, which accounted for 55 percent of all trades within the group. Options came in second, accounting for 26 percent of the trades; futures, 11 percent; ETFs, 7 percent; and forex trades, 2 percent.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Image Credit: Public Domain