WSB Alert | S&P 500 ETF Tops WSB Hot Stocks as NIO Surges with 18% Gain

A few years ago, a battle between retail investors and Wall Street made the WSB forum go viral overnight, with its user numbers skyrocketing. Since then, it has been known as the "headquarters" of U.S. stock retail investors. These investors may seem reckless, but they are not lacking in rationality, serving as a market trend indicator.

The WSB Hot Stocks section aims to delve into the retail investors' favorite stocks by analyzing key indicators such as stock mentions, likes, and popularity rankings. This helps to track retail investors' focus and grasp the latest U.S. stock trends.

As of October 1, the latest WSB hot stocks ranking is as follows:

According to the rankings:

S&P 500 ETF-SPDR ranks 1st on the WSB hot stock list, with an overnight gain of 0.40%.

NVIDIA ranks 2nd on the WSB hot stock list, with an overnight gain of 0.03%.

NIO ranks 3rd on the WSB hot stock list, with an overnight gain of 2.45%, marking a three-day consecutive rise, with an 18.23% increase over the past three days.

Notably, in terms of ranking changes, among the top 20 on the hot stock list:

Amazon rose by 68 places to the 18th position, with an overnight drop of 0.87%, marking a four-day consecutive decline, with a 3.93% decrease over the past four days.

UPS rose by 54 places to the 19th position, with an overnight gain of 1.55%, marking a six-day consecutive rise, with a 6.02% increase over the past six days.

ZIM Integrated Shipping rose by 17 places to the 4th position, with an overnight gain of 5.86%, marking a two-day consecutive rise, with a 9.10% increase over the past two days.

The top rankings include S&P 500 ETF-SPDR, NVIDIA, NIO, ZIM Integrated Shipping, and Tesla. The S&P 500 ETF-SPDR moved up by 1 place and had 336 mentions with 1611 likes. NVIDIA had 207 mentions with 2624 likes, and NIO had 136 mentions with 553 likes.

WSB Hot Companies News

NIO: Delivered 21,181 vehicles in September 2024
NIO announced that it delivered 21,181 vehicles in September 2024, a 35.4% year-on-year increase. In the three months ending September 2024, it delivered 61,855 vehicles, an 11.6% year-on-year increase. As of September 30, 2024, the annual cumulative deliveries reached 598,875 vehicles.

The combined market valuation of Alibaba, Pinduoduo, and JD is only one-fourth of Amazon. Goldman Sachs: Huge revaluation potential for Chinese e-commerce
Goldman Sachs pointed out in its latest report that with the government's strong growth-promoting policies and the gradual normalization of the e-commerce market environment, the market share of major e-commerce platforms tends to stabilize. The e-commerce industry will become one of the most important fields for valuation reevaluation in China's internet sector. Goldman Sachs raised its preference for e-commerce in its China internet sub-sector to be among the top two, alongside the gaming industry. Goldman Sachs noted that the 12-month forward P/E ratio median of China's internet industry is 14.3 times, still more than 40% discounted compared to the U.S. internet sector. The valuations of e-commerce companies like Alibaba, Pinduoduo, and JD range from 9-12 times, still below the median of China's internet industry, indicating huge potential for value revaluation.