7 Meme Stocks to Sell Now
Meme stocks are seeing less interest this year than they were in 2020 and 2021. The logic is fairly straightforward: Rising inflation and subsequent quantitative tightening have reduced the availability of cheap capital. As a result, there is less speculation this year than in previous years. That implies that meme stocks are solely speculative bets made by retail investors. However, that isn’t exactly the case. Many of the so-called meme stocks favored by retail investors are the same ones currently favored by big money, institutional investors. This includes companies like Apple (NASDAQ: AAPL ) and Google (NASDAQ: GOOG , NASDAQ: GOOGL ). Hardly speculative investments. 7 Cheap Stocks That Are Trading at a Discount However, not all of these investments are worthwhile. The following names are speculative meme stocks to sell. Ticker Company Recent Price GME GameStop $35.73 HA Hawaiian Holdings $15.20 AMC AMC Entertainment $15.52 BODY Beachbody $1.19 COPA Copa Holdings $64.12 NFLX Netflix $219.34 BBIG Vinco Ventures $1.02 GameStop (GME) GameStop (NYSE: GME ) continues to be a meme stock to avoid.
7 Meme Stocks to Sell Now
Meme stocks are seeing less interest this year than they were in 2020 and 2021. The logic is fairly straightforward: Rising inflation and subsequent quantitative tightening have reduced the availability of cheap capital. As a result, there is less speculation this year than in previous years. That implies that meme stocks are solely speculative bets made by retail investors. However, that isn’t exactly the case. Many of the so-called meme stocks favored by retail investors are the same ones currently favored by big money, institutional investors. This includes companies like Apple (NASDAQ: AAPL ) and Google (NASDAQ: GOOG , NASDAQ: GOOGL ). Hardly speculative investments. 7 Cheap Stocks That Are Trading at a Discount However, not all of these investments are worthwhile. The following names are speculative meme stocks to sell. Ticker Company Recent Price GME GameStop $35.73 HA Hawaiian Holdings $15.20 AMC AMC Entertainment $15.52 BODY Beachbody $1.19 COPA Copa Holdings $64.12 NFLX Netflix $219.34 BBIG Vinco Ventures $1.02 GameStop (GME) GameStop (NYSE: GME ) continues to be a meme stock to avoid.