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Nvidia, Tesla and BP were the most bought stocks by UK investors in April

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UK retail investors showed an appetite for US tech stocks and home-market staples over the month of April, with Nvidia Corp (NASDAQ:NVDA), Tesla Inc (NASDAQ:TSLA) and BP PLC (LSE:BP.) featuring across multiple platforms as top buys.

Data on the most popular stocks on various UK investment platforms shows that greater popularity remained for US Big Tech on some platforms and UK dividend names more in favour on AJ Bell.

It was a rollercoaster month for markets, with Donald Trump’s announcement on ‘reciprocal’ tariffs on 2 April sending stocks crashing over several days before a floor was reached, with a 90-day pause and other concessions giving investors confidence to buy back in, with London’s FTSE 100 returning to just over 1% shy of where it was at the start of the month. 

“April was the cruelest month for anyone that sold into the ‘Liberation Day’ panic,” said analysts at Saxo Markets. “Stocks have rebounded strongly, with the FTSE 100 enjoying its best run in years and Wall Street’s fear gauge, the VIX, dropping from 60 to below 25.”

Nvidia appeared as a top-three stock across all Robinhood, AJ Bell, Saxo and Hargreaves, cementing its place as retail investors’ top AI trade.

Other US names such as Palantir Technologies Inc (NYSE:PLTR), MicroStrategy Incorporated (NASDAQ:MSTR) and Coinbase Global Inc (NASDAQ:COIN), also stood out, suggesting UK investors are still chasing themes linked to machine learning and decentralised finance.

On AJ Bell, where ranking is based on the number of client deals, BP led the way, followed by Nvidia, Legal & General Group PLC (LSE:LGEN) and Barclays PLC (LSE:BARC). Tesla and Amazon rounded out the top 10, while Rolls-Royce Holdings PLC (LSE:RR.), BAE and GSK also drew interest.

As for the most sold, Rolls-Royce and Nvidia were the two most traded exits on AJ Bell.

Saxo clients showed heavy interest in US tech, with Amazon, Alphabet, Apple, Meta and Microsoft among the most bought shares, while BP and Rolls-Royce were among the few UK stocks to break into the top ranks.

A weekly snapshot from Hargreaves Lansdown showed retail traders buying a mixture of large-cap UK names and US growth stocks in the past few days.

Nvidia, Legal & General, Tesla, BP, and Rolls-Royce all ranked in the top 10 by trading volume.

Notably, Greatland Gold PLC (AIM:GGP, OTC:GRLGF), a small-cap miner, also made the list, suggesting retail investors are still willing to speculate beyond the FTSE 350.