Retail investors are looking to chase the next tech rally and are pouring money into four AI stocks, according to data from Vanda Research.
"What's more interesting, however, is that beneath the surface, sentiment remains buoyant as investors appear to be in the chase for the next best 'juicy' trade following the megacap-led AI rally," Vanda said. The stock has lagged behind larger names like Nvidia and Advanced Micro Devices, but retail net purchases for Micron were 18 times their daily average, even before the company released its latest earnings report, Vanda said. Oracle's stock is up 40% from the start of the year, with shares briefly hitting a new record after aOn Wednesday, the database company alsowithin several of its cloud products, leading more investors to jump in on the stock.