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UK Investors Top Stock Picks Revealed: Investors Seeking Potential Coronavirus Beneficiaries
Amazon was the most popular stock on the eToro platform in March with a 30% increase in UK investor buys compared with February. Amazon is a perennial favourite with eToro investors and continues to thrive during the outbreak. They recently hired an extra 100,000 staff worldwide to meet increased demand. Streaming service Netflix jumped from 10th to 5th place with a 62% increase in March.
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New entrants into the top 20 most bought stocks by UK investors on eToro reveal some potential coronavirus beneficiaries. Tesco leapt from 400th to 16th place. Similarly, 3M , whose logo was seen across the TV news as boxes of personal protective equipment were delivered to the NHS, moved to 17th place up from 36th in February. Pharma company Gilead Sciences, which is developing a COVID-19 therapy, rose from 38th to 12th position. Games publisher Activision climbed into the top 20 up from 26th place the previous month.
The data represents the top most bought stocks by UK investors on the eToro platform in March 2020 . Accurate as of 01.04.2020.
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