These Are The Top 10 Stocks Americans Want To Invest In

Tech stocks in general have skyrocketed this year as the COVID-19 pandemic increased adoption of remote options for work and school. Facebook has outperformed the S&P 500.

7. Microsoft (MSFT)

Shares of Microsoft have surged this year alongside other tech stocks, and investors searched for the company 1.086 million times each month on average. The stock jumped on Tuesday after KeyBanc analyst Michael Turits touted the company's growing subscription software and cloud businesses. He set his price target at $250. Turits expects Microsoft to grow its annual revenue by 11% in the next few years, mostly thanks to its cloud and subscription software businesses.

For the company's first fiscal quarter, it reported a 12% increase in revenue and 32% increase in earnings per share. Microsoft has benefited as demand for PCs and cloud computing services has been strong this year due to the pandemic.

6. Advanced Micro Devices (AMD)

Number six on this list of the top 10 stocks Americans want to buy is Advanced Micro Devices, which has also been a favorite for years amid the runup in semiconductor stocks. AMD had 1.1 million searches per month on average. The company wasn't really impacted by the March selloff much, but it has since rallied tremendously, approaching $90 after starting the year at around $50.

CNBC reported that this year AMD is taking advantage of its huge stock rally to make a massive acquisition. The company reached an agreement to pay $35 billion for rival chip maker Xilinx last month. The semiconductor industry is going through a historic consolidation, and CNBC credits the sizable rally in the sector for that.

5. Walt Disney Company (DIS)

The House of Mouse has had a bumpy year since the March selloff, but it has since rallied to about where it was trading before the plunge. Disney received 1.2 million searches per month for its stock. One of the big reasons some have invested or are thinking about investing in Walt Disney this year is due to the launch of its streaming service, Disney+.

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