Tesla becomes most-searched stock as tech giants benefit from lockdowns
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15% of global searches into stockmarket
Electric vehicle maker Tesla is among top five most searched for stocks by UK investors
Tesla is the most popular company to invest in, dominating searches into stocks and shares in 82 countries worldwide, followed by tech giants Amazon and Apple, according to new research.
A study by Money.co.uk revealed that the electric car manufacturer accounts for 15% of global searches into the stockmarket.
Merchants Trust turns defensive to protect dividend yield record
Rotating towards telecoms and housing-related stocks
Simon Gergel of Merchants Trust
The Merchants Trust shifted its exposure away from cyclical stocks towards more defensive sectors in 2020 in an effort to help sustain its 38-year dividend growth record, amid growing retail investor interest for the investment company.
Merchants, which currently offers a dividend yield of 6.1%, has been adding to telecoms, tobacco and housing-related stocks at the expense of holdings in sectors where it will take some time for dividends.
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