The stock market has attracted a new generation of ordinary investors. In the contest for market dominance, day traders and professional money managers are pitted against each other. These investors, according to JPMorgan, will pour $1 trillion into stocks this year, valuing them at $2 trillion. Compared to the average investor, who exceeds benchmarks by 1.5 percent, day traders underperform the market by over 6.5 percent yearly. ON Semiconductor Corporation and New Oriental Education & Technology Group Inc. are two of the top stocks for day trading right now.
Here is Insider Monkey’s list of the 10 best stocks for day trading. NextPlay Technologies, Inc. is a Florida-based company that sells advertising and monetization services in games and videos. On October 21, NextPlay released its second-quarter profits, announcing a record revenue of $2.6 million. The stock of ABVC BioPharma, Inc. has increased by more than 173 percent due to fresh patent applications. The Lucidam partnership aims to invest in early-stage digital health, medical technology, and drug development possibilities. In recent weeks, Lucid Group, Inc. has been on the rise. The Lucid Air Dream Edition automobiles are about to be delivered to consumers. The automobiles cost $169,000 and have a range of 520 miles. Farmmi, Inc. stated on September 29 that it had paid RMB70 million for Jiangxi Xiangbo Agriculture and Forestry Development. The purchase will be a significant source of raw materials for the company’s goods. Artelo Biosciences, Inc. joins AstraZeneca, Johnson & Johnson, and GlaxoSmithKline as the NASDAQ: ARTL club members. Alderley Park Oncology Development Program accepted the company as well. For more details, click 10 Best Stocks For Day Trading.