The 10 most popular products on BUX Zero in April

April is often considered the best month of the year for investors. Unfortunately, that didn’t play out in 2022 with markets dipping sharply all over the world! Despite the drop, plenty of investors on BUX Zero used the opportunity to add new investments to their portfolio, so let’s take a look at the 10 most popular stocks, cryptos and ETFs on the app last month.

Bitcoin :bitcoin_png:

Bitcoin has been a permanent fixture in the top ten since we launched cryptos in January despite some wild price movements. Bitcoin dropped from $46k to $38k in April but many of you saw this as an opportunity to buy. At the end of the month, there was also some positive news for the world’s biggest cryptocurrency. The Central African Republic officially adopted Bitcoin as legal tender in the country.

S&P 500 Index ETF (Vanguard) :ship:

A regular favourite on BUX Zero. This ETF replicates the S&P 500 index, which is the benchmark index of the US stock market, containing 500 of the largest American companies. It’s considered a good way to diversify your portfolio and get exposure to all the major stocks in the US through one product. Its market capitalisation covers 80% of the American market. For that reason, it’s always popular among BUX Zero users.

Tesla :oncoming_automobile:

Tesla remains popular among investors as it continues to hit new delivery and production records. Not only that, but the rising price of oil and gasoline has made electric vehicles a more attractive option. Tesla has seen its orders increasing, especially in Europe where growth has been slower than the US and China. On the downside, the company lost 20% of its market cap in April due to a broad tech sell-off and Elon Musk using his Tesla stock as collateral for purchasing Twitter.

ING :dollar:

In February, the Dutch bank ING announced that it had doubled its income in one year. However, the stock fell sharply due to the Russian-Ukrainian conflict. This “dip” has offered a buying opportunity for investors. Moreover, the bank has a consistently high dividend yield, above 6%, which makes the shares particularly attractive to dividend hunters.

Ethereum :coin:

The second-largest crypto followed a similar pattern to Bitcoin this month, with a noticeable drop in price. This volatility created plenty of opportunities for anyone who wanted to add Ethereum to their portfolio, especially in the run-up to Ethereum’s big upgrade, due in the coming months.

TUI :airplane:

It’s time for a holiday! The summer season is already shaping up to be a big one for travel companies who are slowly recovering from two years of slump in activity. The German company, TUI, is a regular feature in the top ten, and will benefit heavily from this momentum. The stock suffered a small drop recently as high fuel costs are starting to reflect in ticket prices. However, plenty of you saw this as a buying opportunity, and it seems that financial analysts agree. Most have a positive long-term outlook on the stock.

Apple :green_apple:

Apple is the biggest company in the world by market cap and consistently shows a promising outlook. So it’s no surprise to see the stock in our top ten this month. The company has held firm despite the sharp decline in tech stocks this year, with shares of the iPhone maker down “only” 10% in 2022 compared to the Nasdaq 100 index’s average 25% drop. Apple stock has also been growing in popularity on BUX Zero since we introduced fractional investing, which allows you to buy a small fraction of tech shares, which are usually quite expensive.

Twitter :dove:

The social network has entered our top 10 best-selling stocks in April! Twitter shares gained $10 in value last month, going from $39 to around $49. Investors have clearly been seduced by Elon Musk’s takeover campaign. He began by purchasing 9% of the shares in mid-April. And by the end of the month he had acquired the entire company.

Netflix :clapper:

The streaming service had a difficult month of April with very disappointing quarterly results. The share price has now lost almost two-thirds of its value since the start of the year. Indeed, Netflix lost more than 200,000 subscribers during the first quarter, and expects to lose 2 million more next quarter. This pessimistic outlook led to a $54 billion drop in market capitalization. This is the biggest fall in 10 years! BUX Zero investors, however, were quick to jump in and seize the opportunity to buy more shares.

ABN Amro :bank:

ABN Amro is one of the best-known Dutch banks and a regular in our top 10. After falling several percentage-points in March, the share price quietly rose in April to reach €12. However, the stock is still below its level from the start of the year (around €15).

*Period between April 1 and 30, 2022, according to the number of customers who bought the asset. Not all products available on BUX Zero are included in this overview, as some assets are not available to users in France and Germany.

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All views, opinions, and analyses in this article should not be read as personal investment advice and individual investors should make their own decisions or seek independent advice. This article has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication.

3 Likes

Personally I don’t understand why TUI is so popular all the time, over a long period of time travel agencies are a money losing game despite their dividends. Couple that with all the vouchers from two years of COVID they still have to process (meaning they don’t get paid for them).
It’s just baffling to me that people buy this stock unless I am missing something major.

4 Likes

People are traveling a lot again, no? Friend of mine took a plane from Phuket via Bangkok to Amsterdam, says it was 95% seated…

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I know, but that doesn’t mean they are actually generating a profit is what I’m saying. They’ve not been able to do much for 2 years while having to pay staff and maintenance etc.

4 Likes

Just looking at stocks like KLM, TUI, american airlines, etc. Tells me that this sector has struggled for the last 20 years before covid though. Profit has been hard to acquire in the travel sector.

2 Likes

No GameStop or AMC? Ooh my :sweat_smile:.

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Full flights don’t tell the whole story though. Many routes still have fewer flights compared to pre-Covid. Fewer flights will result in fuller planes when demand picks up, but it doesn’t mean demand (and revenue) is completely back. And as mentioned by others, this is a sector which was already in decline in the past decades. Having worked in the industry for about eight years (2007-2015) I’ve seen airlines, hotel chains, travel brokers cut back a lot on freebies and discounts for travel agents and even their own staff for example, simply because they can’t afford it anymore. I still know some people working in both corporate and leisure travel, and I can tell you agencies and travel brokers are struggling to stay afloat.

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Well, the travel is starting to picking up some pace. Ryanair was actually busier in April than before COVID started…. You can even say ryanair is recovered from the crisis. But I agree. All airliners are loaded with debt… so they have a couple years ahead of strengthening their balance sheet. I think they will are profitable at the end of 2022 but that’s just the start.

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