7 Reddit Stocks to Watch as Memes Regain Momentum As the major equity indices clawed out of their recent doldrums, so-called Reddit stocks — particularly those with meme-ish qualities — joined in on the optimism. While social media-driven investments dominated headlines throughout 2021, this year, they grabbed the spotlight for less-than-favorable reasons. However, with the bulls apparently returning to the scene again, prospective traders may enjoy an encore performance. However, before you dive into Reddit stocks, you should heed words of wisdom from the Wall Street Journal . In its view, meme trades are back but not quite to the same magnitude of enthusiasm . “This month is different. For one thing, individual investors’ activity is still well off the record highs notched last year . Fears about decades-high inflation and a possible future recession continue to loom, confounding professionals and rookies alike on where the stock market might go from here.” At the same time, even the big wigs learned the power of coordinated trading through social media.