So, to prepare you for the next ride, here are seven stocks that could turn into the next GameStop. Bed Bath & Beyond (NASDAQ: BBBY) Ligand Pharmaceuticals (NASDAQ: LGND)
Full Answer
Can GameStop stock start winning again?
Volatility is a hallmark of meme stocks like GameStop, and on a day when the stock market bounces sharply higher, it’s undoubtedly going to lift a lot of boats along with it. The video game stock is simply riding the rising tide higher, and it wouldn’t be surprising to see it resume falling again tomorrow.
Could GameStop stock supercharge your portfolio?
Regardless of where you invest, though, there are a few common mistakes that could hurt your earning potential in 2022. When the stock market ... very good chance your portfolio will recover ...
Will GameStop get another boost from the Robinhood lawsuit?
Robinhood (NASDAQ:HOOD), the online brokerage handling much of the GameStop "short squeeze" trading early in 2021, is the target of a lawsuit alleging ... possibility of another short squeeze.
Is AMC the new GameStop?
GameStop (NYSE: GME) is 7.1% lower, joining AMC as one of today's worst meme performers. Mentions of GameStop on Reddit's meme-stock home WallStreetBets forum jumped more than 311% in the past 24 hours, according to Quiver Quantitative. WallStreetBets has mentioned GameStop another 237 times today, while the forum has taken up AMC 90 times.
What stocks will be the next GameStop?
With that in mind, here are other possible ideas for Reddit stocks that could be the next big thing.CoreCivic (NYSE:CXW)Workhorse (NASDAQ:WKHS)Corsair Gaming (NASDAQ:CRSR)Cinemark (NYSE:CNK)Marathon Digital (NASDAQ:MARA)Lottery.com (NASDAQ:LTRY)Wallbox (NYSE:WBX)
What will GameStop stock be in 2020?
At the close of trading on January 27, GameStop Corporation's stock price reaching 347.51 U.S. dollars per share - or +134 percent compared to the day before. On December 30, 2020, the price was valued at 18.84 U.S. dollars per share.
Can you still buy GameStop stock?
Gamestop is listed on the NYSE and as such, you won't have to pay any commission when you buy stocks in the company on this trading platform....2. Webull – Buy Gamestop Stock From Just $5.Number of Stocks5,000+Fee to Buy Gamestop StockCommission-FreeMinimum Deposit$01 more row•Apr 6, 2022
What is the most shorted stock right now?
Most Shorted StocksSymbol SymbolCompany NameFloat Shorted (%)BYND BYNDBeyond Meat Inc.40.17%VERV VERVVerve Therapeutics Inc.38.69%BGFV BGFVBig 5 Sporting Goods Corp.37.73%ICPT ICPTIntercept Pharmaceuticals Inc.37.73%42 more rows
What happens if you invest 1000 in GameStop?
Jan. If you bought $1,000 worth of shares of GameStop in early January at $19.94 each, you would have seen a 446% return on your investment, and your $1,000 would now be worth $5,461.
Should I have bought GameStop?
Gamestop (GME) stock is likely to decline after the current overheated rally. The stock can still be profitable in the long term if revenue growth stays consistent. But investors should avoid buying GME stock due to the high short-term risk.
How do I invest in GameStop stock right now?
How to buy shares in GameStopCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
How do I buy GME stock directly?
How to buy GameStop Stocks & Shares to Invest in GME Steps of buying GameStop sharesStep 1: find a good online broker. ... Step 2: open your brokerage account. ... Step 3: deposit money to your account. ... Step 4: buy the GameStop share. ... Step 5: review your GameStop position regularly.
How can I invest in GameStop?
How to Buy GameStop (GME) StockPick a Brokerage. ... Decide How Many Shares You Want. ... Choose Your Order Type. ... Execute Your Trade.
Is AMC or GME shorted more?
Most Shorted Stocks to Buy: AMC Entertainment (AMC) The first of our most shorted stocks to buy is AMC Entertainment. Along with GameStop (NYSE:GME), AMC stock has been a favorite vehicle since the very beginnings of 2021, as Redditors began to take on Wall Street's bears.
Is GME still shorted?
GME Is Still Heavily Shorted, A Squeeze Could Be Imminent The number is higher compared to the previous month, when 12.35 million shares were being shorted. A high short interest can of course be related to a company's poor fundamentals.
Is AMC a buy?
Summer movie season is off to a sizzling start for exhibitors, and more films are on the way. Folks are spending more on concessions, and AMC is gaining market share in its industry. The number of AMC shares outstanding has grown fivefold since 2019, and it's trading well above pre-pandemic levels.
Should I buy or sell GameStop stock right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last year. There are currently 2 sell ratings for the stoc...
What is GameStop's stock price forecast for 2022?
2 Wall Street analysts have issued 12 month price objectives for GameStop's shares. Their forecasts range from $30.00 to $146.00. On average, they...
How has GameStop's stock price performed in 2022?
GameStop's stock was trading at $148.39 at the beginning of the year. Since then, GME shares have decreased by 13.0% and is now trading at $129.09....
When is GameStop's next earnings date?
GameStop is scheduled to release its next quarterly earnings announcement on Wednesday, September 14th 2022. View our earnings forecast for GameSt...
How were GameStop's earnings last quarter?
GameStop Corp. (NYSE:GME) issued its quarterly earnings data on Wednesday, June, 1st. The company reported ($2.08) EPS for the quarter, missing ana...
Who are GameStop's key executives?
GameStop's management team includes the following people: Mr. Matthew Furlong , Pres, CEO & Director (Age 42, Pay $1.96M) Mr. Mike Recupero , C...
What is George Sherman's approval rating as GameStop's CEO?
342 employees have rated GameStop CEO George Sherman on Glassdoor.com . George Sherman has an approval rating of 26% among GameStop's employees. T...
Who are some of GameStop's key competitors?
Some companies that are related to GameStop include Compass Group (CMPGY) , Kroger (KR) , Chipotle Mexican Grill (CMG) , Seven & i (SVNDY) , W...
What other stocks do shareholders of GameStop own?
Based on aggregate information from My MarketBeat watchlists, some companies that other GameStop investors own include General Electric (GE) , AT...
Why Did GameStop Stock Go Up?
GameStop got a boost from the influx of retail investors, but there was another phenomenon in play that created the extraordinary peak.
Will AMC Stock Go Up?
As GameStock shares started trending downward, AMC Entertainment caught the eye of retail investors.
Is Silver A Good Investment?
Some retail traders in search of the next GameStop stock set their sights on silver. During the first week of February, they pushed silver prices up about seven percent, but again, the increase was only temporary.
Is Dogecoin a Good Buy?
Finally, the cryptocurrency Dogecoin has been top of mind for retail investors in search of the next GameStop stock.
What is the Best Investment for 2021?
Though a traditional strategy lacks the excitement of GameStop’s dramatic rise and fall, choosing the best investment for 2021 boils down to the basics: careful research into the financial health of a company and its larger industry, examination of coming opportunities and challenges that might impact share prices, and finding a balance between risks and possible rewards that meets the needs of a diversified portfolio..
About GameStop
GameStop Corp. engages in the retail of multichannel video games, consumer electronics, and wireless services. It operates through the following segments: United States, Canada, Australia, and Europe.
Headlines
Loopring Falls 76% — Buy the Dip Before GameStop Deal or Bail Out? - Nasdaq
GameStop (NYSE:GME) Frequently Asked Questions
4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently 4 sell ratings for the stock. The consensus among Wall Street research analysts is that investors should "sell" GameStop stock. View analyst ratings for GameStop or view top-rated stocks.
How much has NOK stock increased in 2020?
Since the market crash in March 2020, NOK stock has almost doubled. The company saw its stock price start the year on a strong note, which NOK stock has seen a 21.59% increase. The stock jumped as high as $5.27 per share before closing at $4.73 on Tuesday’s intraday trading.
Is BB stock going to go sideways?
With the company’s enormous potential, it is easy to forget that BB stock has been trading sideways for most of 2020.
Reddit Stocks: CoreCivic (CXW)
I’m cheating a bit with CoreCivic as a potential idea for top Reddit stocks in 2022 as its rival, Geo Group (NYSE: GEO) generated significant buzz across various social media channels. For me, the inclusion of GEO stock on Reddit traders’ radar was a curious one.
Workhorse (WKHS)
If any name could be the next GameStop, it could be Workhorse, the electric vehicle (EV) manufacturer that everyone seemingly thought was a shoo-in for the U.S. Postal Service’s contract for next-generation mail carriers.
Reddit Stocks: Corsair Gaming (CRSR)
I’m probably going to get trashed for mentioning Corsair Gaming as a possible big play among Reddit stocks in 2022. Mainly, this is due to how terrible CRSR stock has performed. Over the trailing one-year period heading into the first weekend of the new year, shares plummeted exactly 47%.
Cinemark (CNK)
Apparently, adherents to popular Reddit stocks to buy really love their cineplex operators. Again, we have another contradiction. While the subject features plenty of debate, a YPulse study suggested that what many suspected all along: young people might kill the box office.
Reddit Stocks: Marathon Digital (MARA)
With the year that cryptocurrencies had in 2021, it was perhaps only inevitable that the sector would incur a serious correction. As I sit here writing this, over the trailing week, several major cryptos have printed red ink to the magnitude of 15% or greater.
Lottery.com (LTRY)
As I mentioned before, this list of potentially massive Reddit stocks for 2022 is simply a giant guess. Treat this as merely my attempt to amuse myself. However, I’m noticing some patterns regarding which securities receive outsized attention. Therefore, it may not be out of the realm of possibility that Lottery.com could be a hit this year.
Reddit Stocks: Wallbox (WBX)
Though many ideas undergirding fast-moving Reddit stocks have been predictable, it’s important to remember that no one market community is a monolith. Within the same social media thread, you’ll find ample discourse and debate. This is to say, not every idea has been cynical. Therefore, I’m going to end on a positive note with Wallbox.
Nokia
Although GameStop’s stock rose in a way that remains hard to comprehend, the biggest gainer from the Redditors’ hype has to be Nokia. As per the article, although the surge in GameStop stock could drop anytime and not have any real effects on the economy, if Nokia share price hiked, it could have drastic consequences.
InflaRx
Cancer cases are on the rise, with ten million people dying every year from the disease. In the US, the chances of women and men getting cancer in their lifetime are 50% and 33% respectively. With such a high possibility, any company that develops oncology treatments stands to rake in lots of profits.
ADMA Biologics
The thing about stocks is that you are never guaranteed about their performance yet those who have become good at making predictions have made a killing solely from stock trading. With ADMA Biologics, the current recommendation is that you should buy and there are no sell and hold recommendations.
ZoomInfo Technologies (ZI)
Cloud-based market-intelligence platform ZoomInfo Technologies is a stock that should excite meme traders. They have shown a penchant for tech-heavy offerings, and ZoomInfo Technologies, not to be confused with videotelephony and online chat services Zoom Video Communications (NASDAQ: ZM ), is no different.
Short Squeeze Stocks: iRobot (IRBT)
Robotics is becoming more and more popular in the world. With so many uses, it’s no wonder why robotics is a hot topic for investors. However, one company that does not come up very often is iRobot, a Bedford, Massachusetts-based company that designs and builds consumer robots. The company was founded in 1990 by MIT professor Dr.
iStar (STAR)
iStar is a real estate investment trust (REIT) specializing in ground leases. A ground lease is a long-term agreement for the use of land. Ground leases are often used in commercial real estate as an alternative to buying or building on land that does not belong to you.
Short Squeeze Stocks: Blink Charging (BLNK)
Blink Charging is a company that offers electric vehicle charging stations to businesses. The company offers several business models depending on the needs and capabilities of the partner companies.