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The five European countries where Tesla isn't the most popular stock to invest in 2020

Kalila Sangster
·2-min read
Macro view of a screen of trading terminal with abstract financial graph and digits. Trading and forex concept. 3D Rendering
The most popular companies Europeans want to invest in across the study were Tesla, Amazon and Apple. Photo: Getty

Tesla (TSLA) was the most popular stock to invest in 2020 among Europeans, as the company was the most searched for stock in 26 out of 31 European countries analysed by Invezz.

Investors in just five European countries were more interested in other companies.

Italians most wanted to invest in Amazon (AMZN) stocks, as the tech giant received an average of 18,500 online searches per month.

Electric car maker Tesla came in at number four on Italy’s list of 10 stocks people most want to invest in, with 9,600 monthly searches.

Swedish bank Swedbank (SWED-A.ST) was top of the list of stocks Estonians want to invest in, racking up 3,600 monthly online searches. Tesla was second with 3,050.

In Croatia, semiconductor company Advanced Micro Devices (AMD) was the number one stock that investors were interested in in 2020, with an average 3,100 searches per month. Tesla was at number four on Croatia’s list with 1,150 searches.

READ MORE: Equities in the year of the pandemic: 493 UK-listed stocks cancel, cut, or suspend dividends

EPAM systems (EPAM), an American company specialising in product development, digital platform engineering, and digital and product design, was the most popular stock in Belarus, clocking up 1,500 monthly searches.

Apple (AAPL) was the stock people most wanted to invest in in Cyprus, where the tech giant received an average 1,050 online searches each month. Tesla came in second on Cyprus’ list with 1,000 searches per month.

The most popular companies Europeans want to invest in across the study were Tesla, Amazon and Apple. Of all 31 countries studied, 30 feature these three businesses among their top 10 most searched for stocks.

Invezz created the ranking by using an online analytics tool to discover the average monthly online search volumes for various company stocks in different European countries, taking into account different variations in the way people search stocks, and then adjusting the results from highest to lowest.

Data for Luxembourg, Georgia, Russia, Azerbaijan, Ukraine, Moldova, Andorra, Armenia, Iceland, and San Marino was not available.

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