Best US Day Trading Stocks in 2017: A Comprehensive Guide

Introduction

The world of day trading is a dynamic and exciting arena, especially in the United States where a plethora of opportunities abound. In 2017, several stocks emerged as the best choices for day traders looking to capitalize on short-term market movements. This article will delve into the top-performing stocks of that year, highlighting their key characteristics and potential for day trading success.

Top US Day Trading Stocks in 2017

1. Apple Inc. (AAPL)

   • Characteristics: As a leading technology giant, Apple has consistently been a favorite among day traders. Its robust financial performance and high trading volume made it an ideal stock for short-term trading.
   • Performance: In 2017, Apple experienced significant growth, with its stock price reaching an all-time high. Day traders who capitalized on this trend reaped substantial profits.

2. Facebook Inc. (FB)

   • Characteristics: Facebook's vast user base and impressive revenue streams have made it a compelling investment opportunity. The stock's volatility and high liquidity made it an excellent choice for day trading.
   • Performance: Facebook's stock price experienced considerable fluctuations in 2017, providing numerous opportunities for day traders to profit from short-term price movements.

3. Amazon.com Inc. (AMZN)

   • Characteristics: As the world's largest online retailer, Amazon has been a powerhouse in the stock market. Its strong growth potential and high trading volume made it an attractive option for day traders.
   • Performance: In 2017, Amazon's stock price soared, offering day traders a chance to capitalize on its upward trend.

4. Netflix Inc. (NFLX)

   • Characteristics: Netflix's successful expansion into the global market has propelled its stock to new heights. The stock's volatility and strong growth prospects made it an appealing choice for day traders.
   • Performance: Netflix's stock experienced a rollercoaster ride in 2017, presenting numerous opportunities for day traders to profit from its price swings.

5. Tesla Inc. (TSLA)

   • Characteristics: As an innovator in the electric vehicle and renewable energy sectors, Tesla has captured the attention of investors worldwide. Its high volatility and potential for significant price movements make it an intriguing day trading opportunity.
   • Performance: In 2017, Tesla's stock experienced extreme volatility, offering day traders a chance to capitalize on its rapid price swings.

Case Studies

• Apple Inc. (AAPL): A day trader who bought Apple stock at 150 and sold it at 170 within a day would have earned a profit of $20 per share, assuming a 100-share position.
• Facebook Inc. (FB): A day trader who bought Facebook stock at 175 and sold it at 180 within a day would have earned a profit of $5 per share, assuming a 100-share position.

Conclusion

2017 was a banner year for day traders, with several stocks offering lucrative opportunities. By understanding the characteristics and performance of these top-performing stocks, day traders can make informed decisions and potentially achieve significant profits. Remember, day trading carries inherent risks, and it is crucial to conduct thorough research and develop a sound trading strategy.