Stock Market

These are the top 10 February stock purchases on Robinhood UK

Investing | Tue, Mar 04 2025 06:27 AM AEDT

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Image Source: Sivastatz

Investing.com -- Investors on Robinhood (NASDAQ:HOOD) UK remained focused on artificial intelligence (AI) and cryptocurrency in February, despite market volatility, according to the platform’s latest trading data.

In a release Monday, Robinhood revealed the top 10 stock buys in February 2025 on Robinhood UK.

Super Micro Computer (NASDAQ:SMCI) topped the list of most-bought stocks, as investors reacted to its surging share price and the firm’s ability to meet Nasdaq’s deadline for its delayed 2024 annual report.

NVIDIA (NASDAQ:NVDA) is said to have followed in second place, shrugging off concerns over China’s DeepSeek as it posted a 78% year-on-year rise in sales to $39.3 billion, surpassing market expectations.

Palantir (NASDAQ:PLTR), another AI-linked stock, was in sixth. The company saw its price decline later in the month amid broader sector jitters, though investors continued to back the firm.

Meanwhile, Chinese tech giant Alibaba (NYSE:BABA) gained traction after announcing aggressive AI investment plans, helping push its stock into the top 10 at number eight.

Health-tech firm Tempus AI also made the list (tenth), with its shares initially rallying after the launch of its personal health concierge app, Olivia, before pulling back on valuation concerns.

Crypto-linked names remained popular, despite a challenging month for the sector. Investors bought into Coinbase (NASDAQ:COIN) (fourth placed) and bitcoin proxy MicroStrategy (seventh), even as hopes for regulatory reform and governmental adoption dimmed.

Tesla (NASDAQ:TSLA) (third) struggled in February, with European sales slowing ahead of the Model Y refresh. However, it made it into the list. Alphabet (NASDAQ:GOOGL) (ninth) also hit the top 10 despite facing selling pressure following a weaker-than-expected Google Cloud earnings report.

Finally, Robinhood shares themselves were the fifth most purchased stock on Robinhood UK in February.

Robinhood UK’s Lead Analyst Dan Lane noted that, despite sector-wide turbulence, “investors are clearly keeping the faith” in AI and crypto, reinforcing their status as dominant market themes.

This article first appeared in Investing.com

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