TD Ameritrade Clients Are Buying Apple, Twitter; Selling Facebook, AOL

According to TD Ameritrade’s most recent data, clients were net buyers of stocks in June for the second consecutive month. Here’s a summary of what TD Ameritrade clients were up to last month.

Buying Dips

Many of the more popular buys during the month were stocks that endured recent share price declines. Tech giants Apple Inc. AAPL and Twitter Inc TWTR trended downward throughout the month. However, TD Ameritrade clients were net buyers of both names.

Buying Yield

Clients also appeared to be looking for dividends in June. High-yielding stocks Chesapeake Energy Corporation CHK, Chevron Corporation CVX, Johnson & Johnson JNJ and Exxon Mobil Corporation XOM were all net buys in June.

TD Ameritrade lists Walt Disney Co DIS and Wal-Mart Stores, Inc. WMT as other stocks that were net buys.

Related Link: Kinahan Expects Continuing 'Wild Volatility' In Chinese Stocks

Familiar Sells

TD Ameritrade notes that many of the names that were popular sells in June are familiar names. Both General Electric Company GE and Sirius XM Holdings Inc SIRI were net sells in June for the second consecutive month. Big bank stocks Bank of America Corp BAC and Citigroup Inc C were also net sells in both May and June following three months of rising share prices.

Facebook Inc FB was also a net June sell following two Wall Street price target boosts.

AOL Inc AOL was another name that was popular to sell in June following the announcement of its acquisition by Verizon Communications Inc VZ.

TD Ameritrade also mentions Kinder Morgan Inc KMI, Lululemon Athletica inc. LULU and Alcatel-Lucent SA ALU as net June sells.