[WeeklyTop5Stocks] The Election Has Settled, Marijuana and EV Stocks Surged

Happy Monday everyone and welcomes to the Moo WeeklyTop5Stocks column!

Last week, as the results of the Election became clearer, the stock market experienced greater volatility. Due to the changing election situation, the stock market has fluctuated in different sectors. Since Biden won the election, some sectors benefited lots from the news, such as $Cannabis & Hemp (LIST2997.US)$

Besides, $Workhorse (WKHS.US)$ will announce its Q3 earnings report today at 10:00AM EST , $Apple (AAPL.US)$ is scheduled to release its latest products at the Apple's Event at 10:00 AM PST, Our @moo_Live will sync these two event to the moo community for stockholders and fans to get the first-hand info, come and enjoy!

Here is the moomoo top 5 stock list for last week:

$NIO Inc (NIO.US)$
As the results of the election became clear, the EV sector performed well last week. Driven by the market environment and the impact of its own delivery capabilities, NIO is further favored by investors. Last week, NIO's share price reached a new high and closed at $41.63, a 36.13% increase throughout the week.

$Tesla (TSLA.US)$
Tesla delivered a satisfactory result. Its stock price fell slightly on Friday and closed at $429.95. But last week its share price still achieved an increase of more than 10%.

@Allen As for Biden, I'm sure energy investors aren't particularly excited about the prospects of a Democratic victory. On the other hand, clean energy producers will probably be delighted were Biden to win the day.

$Apple (AAPL.US)$
Apple ended its two-week decline last week, and its stock price rose 9.22%. Analysts believe that it partly benefited from the overall stimulus to the technology sector from the election results. Besides, Apple will launch a new special event this Tuesday and is expected to release products such as a new version of Mac equipped with its self-manufactured chips.

$Alibaba (BABA.US)$
Alibaba announced its latest earnings report last week. The report released both positive and negative signals. At the same time, the market is still evaluating the impact of Ant's postponed IPO on Alibaba's future development. Its stock price fluctuated sharply last week and fell slightly by 1.56% on Friday.

$Aurora Cannabis (ACB.US)$
ACB received widespread market attention last week. Biden's election has brought significant benefits to Marijuana stocks. ACB soared by 141.73% in a week. Some analysts believe that its stock price will experience an adjustment period soon, and the subsequent trend remains to be seen.

@Methods Hold.. Joe Biden is winning plus more states just legalized and decriminalization is under way..

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