Since 2020, meme stocks have become a new classification of stocks for investors to consider. Meme stocks refer to stocks that have grown in popularity among retail traders, primarily due to heightened awareness on social media forums such as Reddit.com and, more specifically, the sub-Reddit, wallstreetbets.com.
Not surprisingly, GameStop Corp. (NYSE: GME) is the most well-known meme stock. As events in 2024 have shown, the company still has a loyal following. The short squeeze that occurred with GME stock in 2021 highlights the idea that the online communities that follow these stocks can move prices higher or lower very quickly.
However, although GameStop and stocks like AMC Entertainment Holdings Inc. (NYSE: AMC) get the lion's share of headlines, many other meme stocks are of the more conventional variety. In this special presentation, we're looking at seven stocks that are known as meme stocks but may be worth investor attention on a broader level.
Click the "Continue to Slide #1" button to view the first company.
