The market has a habit self-fulfilling prophecies. If everyone thinks something is the best, then a load of people will buy it.
If there are more buyers than sellers, then the price will go up. Of course, when the buyers run out, the stock will run out of steam…
We looked at whether or not you should buy stocks at new highs here. It’s well worth a read if you worried about buying stocks for your ISA or SIPP when the market is trading at new highs.
Or if you want to protect yourself against a falling market, we’ve got a guide to shorting stocks. If you fancy yourself as a bit of a bear, you can find out what hedge funds are shorting here.
But we digress, Hargreaves Lansdown, one of the biggest stockbrokers and investment platforms in the UK has released a list of the most popular shares bought on it’s platform for SIPP and ISA accounts.
- British American Tobacco
- Legal & General
- Lloyds Banking Group plc
- Royal Dutch Shell
- Standard Life Aberdeen
- Vodafone Group plc
- Aston Martin Lagonda
- Crest Nicholson holdings
- Metro Bank plc
- NewRiver REIT
- Plus500 Ltd
- Premier Oil Plc
- Primary Health Properties plc
- Sirius Minerals plc
- Berkshire Hathaway
- Tesla Inc
It’s hardly surprising that they are all (most anyway) household names. So there you go, everyone buys them so they all go up. But that’s what the main Indices are. A collection of the biggest companies by market capitalisation. They are the biggest because lots of people buy them. And because lots of people buy them they go up. And because they go up their market capitalisation increases and they remain in the major indices.
Obviously with the exception of a few. Surprisingly, though some of the stocks in these lists are some of the most shorted stocks by hedge funds.
Which are the best brokers for your SIPP or ISA Account?
You can read more on our selection of SIPP and Investment ISA providers by following the links below:
- Hargreaves Lansdown Review
- Nutmeg Investments Review
- IG Investment Account Reviews
- Saxo Capital Markets Review
- Compare the best Investment ISA accounts
- Compare the best SIPP accounts
Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.