Of the 2,200 entities listed on the ASX in 2024, ten stood out by quite a distance on the HotCopper forums as the most-watched stocks of the year.
From gas to financial brokers, biotech operators to lithium miners, and even a gold antimony play, the stocks that drew Hotcopper users’ eyes the most ranged across a whole pile of interesting share market sectors.
On top of the heap was Strike Energy (ASX:STX) Strike’s top spot came after it netted more than 6.94 million views through its forum messaging boards across the last 12 months.
Buy now, pay later company Zip Co (ASX:ZIP) was second with 6.2 million total views.
Timothy Sylvester, HotCopper’s Head of Growth who watched the trends on the forums very closely, said it wasn’t very surprised by the spread in the end: “Some of the previously very hot areas of the markets [are there] so those stocks are going to naturally have a very large audience that’s accumulated.”
“The viewership doesn’t particularly change if it’s very highly sought after but we will see those discussions change [through the year] as things move,” Mr Sylvester added.
Here’s the full top 10 list of most watched stocks:
- Strike Energy (ASX:STX)
- Zip Co (ASX:ZIP)
- Mesoblast (ASX:MSB)
- Melbana Energy (ASX:MAY)
- Imugene (ASX:IMU)
- Liontown Resources (ASX:LTR)
- Raiden Resources (ASX:RDN)
- Invictus Energy (ASX:IVZ)
- Summit Minerals (ASX:SUM)
- Larvotto Resources (ASX:LRV)
On how these ten much-watched companies did it, Mr Sylvester mused: “Highly watched doesn’t mean highly participated in. A good example would be Zip Co – a lot of investors have been watching that this year. They want to see where all the upside is going from here, where the risk is right now as well, etc.
“When we look at an effective way to capture investors attention it’s not just about news flow but it actually starts right at the top with awareness.”
Mr Sylvester pointed to the seven million users that log into HotCopper through every year as a perfect place sell to; “[companies need] a proper education campaign to draw interest over time and have those investors look into things.”
Four companies here were also among 2024’s most discussed stocks.
For further discussion on HotCopper’s Most Watch stocks, watch the video above.
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
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