Lately, we’ve seen certain meme stocks leverage community momentum and fundraising to bring about real changes. But is this all hype?

I think it’s strategy, and that’s the best approach for them to take. But turning a struggling business around is still a very tough thing to do.

And with the competitive marketplace and ongoing macro concerns, the timing isn’t right for bets on meme stock turnarounds.

Catch the full episode at Hypergrowth Investing on YouTube.