Meme Stocks Make their Historic Debut in Apex Next Investor Outlook Amid Retail Trading Boom

By Financial Buzz

Apex Clearing Corporation (“Apex” or the “Company”), the fintech for fintechs powering innovation and the future of digital wealth management, today released its Q1 2021 Apex Next Investor Outlook, which sheds light on the top stocks held by the critical Millennial and Gen Z demographics and offers an unprecedented view into the behaviors of these rising classes of investors, as well as other generations.

As the vaccine rollout expands and the economy continues to reopen, the data indicates younger investors rotated into hot sectors like meme stocks and penny shares while taking profits out of the re-opening theme comprised of vaccine makers, airlines, and cruise companies. However, while Millennial investors did participate in novel trades, they upheld an unwavering commitment to their sizable, long- term positions in companies specializing in e-commerce, electric vehicles and personal tech.

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