LONDON (CU)_Amid the COVID-19 pandemic, interest in investments has grown massively in the United Kingdom and therefore a global provider of online trading services, ETX Capital, decided to find out which private companies attracted the most interest in the European nation.
Despite the global shortage in semiconductors, which brought the entire auto industry to its knees, major vehicle manufacturer Tesla, Inc. was able to further grow its production by switching to new microcontrollers to avoid being affected by the crisis. This ability of the electric carmaker to react quickly and mitigate disruptions paid off as the company’s sales in the three months to the end of June rose to £8.6 billion. Therefore, it came as no surprise that Tesla was the most common investment search in the UK, with more than 6,800 people searching how to invest in the company’s shares each month.
The COVID-19 pandemic prompted a rapid surge in online purchases, as people were confined to their homes owing to lockdown restrictions. As a result, online retail platform Amazon saw its net income nearly double in 2020, pushing the company high up on ETX Capital’s list as the second most common investment search, far ahead of tech giant Apple Inc. According to the recent analysis, Amazon reported 6,750 monthly searches, while Apple only attracted less than half this number, at 3,160.
Apart from Tesla, another major carmaker also made it to the top 10. ETX Capital revealed that 1,210 people searched how to invest in the shares of luxury automobile manufacturer Rolls Royce.
It is no secret that online food delivery companies also saw a surge in revenue amid the global health crisis, which was reaffirmed by the increased interest in Deliveroo among British investors, as the company took the fifth spot on the list, with 880 searches.
Meanwhile, Brewdog also gained the interest of investors, particularly after the multinational brewery and pub chain announced that they are now carbon negative. Those in the entertainment industry also performed well in terms of investor interest, as Disney came in seventh, with 710 searches, followed by Netflix which attracted 650.
Despite upheaval and uncertainty encountered by financial markets on account of the pandemic, top vaccine makers across the world have been noteworthy winners, reporting increased investments as their annual revenue reached record levels. Therefore, it is no surprise that American multinational pharmaceutical corporation Pfizer, which manufactures some of the best-selling Coronavirus vaccines, also made it to the list, taking the ninth place with 580 searches. British multinational retail company Tesco came in tenth place as 480 people searched how to invest in its shares.
