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[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records

[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records
Good Monday mooers, We hope you had a wonderful Thanksgiving!! Welcome back to our weekly series, the WeeklyTop5Stocks, where we review the news and performance of the most popular stocks on Moomoo platform last week!!!



Our LIVE column will back this week!! -  $Zoom Communications (ZM.US)$ will announce its Q3 earnings report today at 2:30 PM PST. Our @moo_Live will sync this event to the moo community for stockholders and fans to get the first-hand info, come and enjoy!



It is another messy week for stock market. But Top5 stocks still had good performance last week! Here is the moomoo top 5 stock list for last week for your reference:
[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records
#1 $NIO Inc (NIO.US)$
NIO once again took the first seat of last week's TOP5 list, which is totallly not unexpected. NIO presented a relatively humble rise of 9.64% compare to the whole surging EV market. Whether its the investors' provision or capital buble that support NIO's current price, the market shall see its true nature in a short period of time.
[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records
Mooers Comments:
@MHTSOS NIO is my main stock next to Tesla. I hold a lot of XPEV as well but for some reason I like NIO even though I know trading is about the right choices and not favoritism. EV is where the future is heading and China is loyal to their brands. Even if Tesla captures a huge portion of the market, I cannot see NIO doing too badly. Either way, it is a win, win if you hold both (or more). I trade the moment and am generally done within a few hours. Therefore I don’t really look at where Tesla, NIO, XPEV etc sit today. I only care about where they will be in 10 to 20 years.


#2 $Tesla (TSLA.US)$
TSLA reminded everyone who is the No.1 in EV market. Tesla closed at $585.76, with a weekly rise of 19.64%. We sincerely hope you did not engage in any activity of  short selling TSLA. If you have made such desicions, alas, you may contact for bankrupt consultation (just kidding).
[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records
#3 $XPeng (XPEV.US)$
If you are still not clear about the heat of EV market, check the stock price of XPEV. However, after surged in Monday, XPEV had been in a correction phrase, shrinking it weekly rise to 19.28%
[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records
#4 $Palantir (PLTR.US)$
It seems PLTR finally received its bounty for contributing in hunding down Bin Laden. The stock have surged more than 150% since the begnining of November. Citron's short selling make PLTR dipped last Friday, resulted in a weekly rise of 52.4%.
[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records
#5  $SNDL Inc (SNDL.US)$
Marijuana stocks are still favored by the market. As a represent of industrial marijuana, the fluctation of SNDL's last week price made people wonder if you have taken a dose of their own product. By the end of Friday, the price surged 46.17%
[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records
Mooer Comment:
@pennypincher If a stock is at 0.40 a share and they merge with a company who's stock is 20.00 a share how do they determine the outcome?



Thanks for your reading! Here are some free and powerful tools available on Moomoo for you to find out stock movement if you want to get more timely alerts.



1, AI Monitor for traders to get real-time price movement among thousands of stocks in the market.
2, Screener used to filter stocks based on user-defined metrics.  



We wish you have a great trading journey in moomoo! Whatever difficulties you met, we are always here for you. See you next week!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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