By now you’ve surely heard the hype surrounding some of the biggest meme stocks: AMC Entertainment, Bed Bath & Beyond, Express. Meme stocks first made headlines in 2020 as investors on Reddit coordinated a short squeeze, sending GameStop shares soaring. Today, online communities on various social media platforms continue to rally around their favorite beaten-down names. If the companies are a little nostalgic and the stocks have a high short interest, even better. But which ones are actually solid investments? We’ve done the research – and combed through r/WallStreetBets – so you don’t have to.
These best Reddit stocks represent some of the best bets in the current market downturn with remarkable upside potential.
If you are looking for undervalued Reddit stocks to buy, this article will give you eight great options that are trading at a discount.