Stocks Loved by Investors

There are many investors attached to the popular shares of recent times, which have been and continue to be profitable for their investors. These investors do not hesitate to respond instantly to those who make negative comments about the company they invest in on social media.

While some investors share their expectations about the stock market and compete in the 'I told you so' race, some share or follow the shares about the stock they invest in. The increasing interest in the stock market in recent days has also increased the share of share posts on social media.

SASA ranks first in popularity

When we look at the data of Adba Analytics, which analyzes posts on social media, it ranks high on the list of the most talked about shares whose price has increased significantly. SASA shares, which were at 2.86 TL levels at the beginning of 2020, rose by 2,800 percent in the last period, rising above 83 TL. With this performance, SASA is now Turkey's most valuable company with a market capitalization of 10 billion dollars. The fact that it surpassed the total value of Koç and Sabancı was also discussed by users on social media in recent days. While some considered this situation as 'strange', others noted that investors are already buying the company's future goals.

Price Increase

Ereğli Demir Çelik, Hektaş, Turkish Airlines, Aselsan, Şişecam, Garanti Bank and Halkbank were the other stocks that generated the most content on social media this year. The common features of these stocks are that their stock performance makes investors happy and most of them distribute regular dividends. Upward or downward movements in these stocks during the year can increase the number of posts about these companies. With the decrease in the number of foreign investors in the Stock Exchange in recent years and the increase in the proportion of domestic investors to 68 percent, changes in pricing habits are seen. The pricing we used to be accustomed to has been replaced by pricing with higher multipliers. The new domestic investor mass has an impact on this. Especially in some companies, there has been an incredible interest from domestic investors. Although these companies look very expensive according to their current balance sheets, investor interest continues to grow. In addition, this interest is not unfounded. These companies have serious investments for the future and strong growth stories. These loyal investors are justifiably enamored with the growth story. At this point, investors need to understand this well. If they have achieved a significant return, they can redirect some of their earnings to other shares or areas. Instead of focusing on a single stock in their portfolios, they can diversify. Because the aggressive growth experienced in these stocks so far may not continue at the same intensity in the next 4-5 years. Because these companies have already reached a certain size. They should make sure that the story in these companies continues and look at the stock market in the long term.

Critical levels in BIST 100

The BIST 100 Index retested the uptrend line that it started on the week of July 18, 2022 in recent weeks on the weekly chart. Because it had sagged below this trend line in the previous weeks. If the index rises above this trend line again, it may technically prepare the ground for possible upward movements to occur again.

For the dollar to decline, it must see below 18.25

On the weekly chart, the USD/TL parity still continues its course on the uptrend that started from 13.81 TL in the week of January 3, 2022. In addition, the fact that the pair remains above the 18.25 TL level is the most important factor that increases the possible upside risks in technical terms. For this reason, in order to talk about a relief, closures below this level must be seen first. If this happens, a retreat towards the intermediate support point at 17.77 TL can be expected in the first stage. If it comes below this point, the level of 17.26 TL is the support point of the next uptrend. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account! The investment information, comments and recommendations in this article do not constitute investment advice. Investment advisory services are provided individually, taking into account the risk and return preferences of individuals. The content contained herein is in no way directive and the recommendations are general in nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in accordance with your expectations.