7 Meme Stocks Trading at a Massive Discount Right Now
It’s safe to say the “meme stocks” phenomenon is fully in the rearview mirror. “Meme kings” like GameStop (NYSE: GME ), BlackBerry (NYSE: BB ) and AMC Entertainment (NYSE: AMC ) have held onto a fair chunk of their “to the moon” gains. Secondary names, though? They’ve experienced the opposite, as most have tumbled to new lows. However, there may be an opportunity here, with the scores of meme stocks trading at a discount. Admittedly, most of these meme plays had no business trading at the lofty highs they commanded at various points during 2021. Speculators active on Reddit and other platforms bid them up to unsustainable valuations. Yet, with the “Redditors now conquered,” as a Bloomberg commentator recently put it, many of the stocks that at one point became too frothy may offer value for bottom-fishing investors. 7 Best Reddit Stocks to Buy Now So, what are the meme stocks trading at a discount? Consider these seven firms, as each one has the potential to make a recovery on factors that go beyond mere hope and hype.
7 Meme Stocks Trading at a Massive Discount Right Now
It’s safe to say the “meme stocks” phenomenon is fully in the rearview mirror. “Meme kings” like GameStop (NYSE: GME ), BlackBerry (NYSE: BB ) and AMC Entertainment (NYSE: AMC ) have held onto a fair chunk of their “to the moon” gains. Secondary names, though? They’ve experienced the opposite, as most have tumbled to new lows. However, there may be an opportunity here, with the scores of meme stocks trading at a discount. Admittedly, most of these meme plays had no business trading at the lofty highs they commanded at various points during 2021. Speculators active on Reddit and other platforms bid them up to unsustainable valuations. Yet, with the “Redditors now conquered,” as a Bloomberg commentator recently put it, many of the stocks that at one point became too frothy may offer value for bottom-fishing investors. 7 Best Reddit Stocks to Buy Now So, what are the meme stocks trading at a discount? Consider these seven firms, as each one has the potential to make a recovery on factors that go beyond mere hope and hype.