OMAHA, Nebraska — Online brokerage TD Ameritrade says its six million investors sold off high-risk stocks and looked for safer options in November, but they did not pull out of the market.
TD Ameritrade said Monday that its Investor Movement Index slipped to 5.11 from October's 5.22. That's the second month in a row the index that's based on what investors are buying and selling declined on the six-point scale.
But TD Ameritrade's Nicole Sherrod says investors were still net buyers of equities during the month as they sought out less-volatile investments as markets rallied.
Sherrod says investors took advantage of falling oil prices to buy shares of oil producing companies like Transocean, BP PLC and Haliburton.
Other stocks popular with TD Ameritrade investors were Alibaba, Disney, IBM, Twitter and Gilead Sciences.
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