Millennials And Gen Z Bet Big On The Wrong 3 Stocks

By MATT KRANTZ

Millennials and Gen Z both hold more of just three stocks, Tesla (TSLA), Apple (AAPL) and Amazon.com (AMZN), than any others in their portfolios, says a new analysis of first-quarter holdings data from Apex Clearing. Apex, which processes trades for brokerage firms, analyzed the top 100 stocks in more than 3 million accounts held by millennial and Gen Z investors.

Too bad it’s not working. All three stocks, due to report pivotal earnings reports this week, are lagging the S&P 500 at this point in 2021.

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