Apple Inc. (NASDAQ:AAPL) is one of the most popular stocks on Wall Street and the blogosphere–that’s no secret–but what Apple bulls may not know is the other companies that are popular among analysts, and this is important to track.
A majority of people use fundamental and/or technical analysis to ascertain if a stock is worth their attention or not. For example, there are many value investors who are optimistic on Apple Inc. (NASDAQ:AAPL)’s prospects right now, while growth oriented players may have their eyes on LinkedIn Corp (NYSE:LNKD), for example.
One of the lesser known but fool-proof ways to check the popularity of a stock is to look at the number of analysts covering that stock. This will not only tell you how popular that stock is among investors, but it will also give you a fair idea about the factors that leads to such interest. With this in mind, we have compiled a list of the 20 Most Popular Stocks on Wall Street.
We have selected couple of most popular stocks and discussed them briefly as below:
Apple Inc. (NASDAQ:AAPL): Incorporated as Apple Computers, Inc. in the year 1977, the company designs, develops and sells Computers, Computer Software and other Consumer Electronics. Consumer electronics developed and manufactured by the company include the iPhone, the iPad and the MacBook. Many hopefuls are pushing for an Apple iWatch (see our list of the 14 Best iWatch Concepts), but the future of such a device is still up in the air.
Google Inc. (NASDAQ:GOOG): Founded by Larry Page and Sergey Brin in the year 1996, Google is into the business of providing Internet related services and products. Headquartered in Mountain View, California, Google dominates the search engine space. At present, Google is providing Internet Search services, Advertising services, Communication and publishing tools, development and statistical tools, Map-related services, Desktop and Mobile applications and Consumer Electronics.
Google Inc. (NASDAQ:GOOG) achieved the one billion unique visitor mark in May 2011 and in January 2013, the company reported annual revenue of $50 billion for the year 2012. Today, Google is one of the most popular companies among users and market participants themselves.