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Tesla, Apple Heavily Traded in August Before Stock Splits
These Were the Top Stocks on TradeStation in August

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Tesla dominated activity on TradeStation’s platform last month, and no other stock even came close.

The electric-car maker held the No. 1 spot on our monthly ranking, outpacing runner-up Apple (AAPL) by a huge margin. Other major technology stocks remained highly active as buyers pushed the Nasdaq-100 to new highs.

Here’s the complete list for August:

  1. Tesla (TSLA): The electric-car maker maintained its position for the second straight month.
  2. Apple (AAPL): The iPhone maker shot up from 10th as its shares rallied to new all-time highs.
  3. Amazon.com (AMZN): The e-commerce giant edged down one spot from July.
  4. Advanced Micro Devices (AMD): The chip stock rose from fifth the previous month.
  5. ProShares UltraPro QQQ (TQQQ): The leveraged ETF slipped rose from seventh in July.
  6. Nio (NIO): The electric-car maker dropped from fourth place.
  7. SPDR S&P 500 ETF (SPY): The market-tracking fund slid four places.
  8. Boeing (BA): The aircraft maker held its position from July.
  9. Facebook (FB): The social-media giant rose from 15th place the previous month.
  10. Invesco QQQ Trust (QQQ): The Nasdaq-tracking ETF rose two positions in August.

The following symbols exited the top 10:

  • General Electric (GE): The volatile industrial firm slipped from ninth in July to 11th in August.
  • Moderna (MRNA): The vaccine developer slipped from sixth in July to 27th in August.

About the author

David Russell
David Russell is VP of Market Intelligence at TradeStation Group. Drawing on two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.

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