Intercept Pharmaceuticals It's also possible that small-cap biotech stock Intercept Pharmaceuticals (ICPT -3.53%) becomes the next Reddit meme stock. One reason retail investors are bound to like Intercept is its volatility.
Full Answer
Are these 8 Hot Reddit stocks that could be the next meme?
This community is for any and everyone with advice, knowledge, data, and links to up and coming stocks. We help each other out to find the next big stocks and the ones to stay away from.
Are Reddit stocks back in action?
Apr 09, 2021 · The next top Reddit stock is a predictable mix of momentum, size and leverage. Investors can use these patterns to their advantage.
What are the best Reddit stocks to invest in?
Apr 06, 2022 · Here are the eight latest Reddit stocks generating the most buzz on WallStreetBets, according to social media tracking tool Swaggy Stocks. Next: GameStop Corp. (ticker: GME ) …
What companies are on the bank of America Reddit stock list?
ARK Invest sets new Tesla price target: $4600 in 2026. ARK’s updated open-source Tesla model yields an expected value per share of $4,600 in 2026. The bull and bear cases, tuned to the 75th and 25th percentile Monte Carlo outcomes respectively, are …
Which Stocks Will Reddit buy next?
7 Reddit Stocks to Add to Your February Buy ListApple (NASDAQ:AAPL)GameStop (NYSE:GME)Robinhood (NASDAQ:HOOD)Microsoft (NASDAQ:MSFT)Netflix (NASDAQ:NFLX)SoFi Technologies (NASDAQ:SOFI)Tesla (NASDAQ:TSLA)Jan 31, 2022
What stocks are good to buy now Reddit?
Reddit Stock Portfolio: Most Popular Tech Stocks To ConsiderBoxlight Corporation (NASDAQ:BOXL)GAN Limited (NASDAQ:GAN)Robinhood Markets, Inc. (NASDAQ:HOOD)Upstart Holdings, Inc. (NASDAQ:UPST)DraftKings Inc. (NASDAQ:DKNG)Jan 17, 2022
What should I invest in Reddit 2021?
Reddit Stocks that Tripled in 2021GameStop Corp. (NYSE:GME) Number of Hedge Fund Holders: 9. ... AMC Entertainment Holdings, Inc. (NYSE:AMC) Number of Hedge Fund Holders: 17. ... Upstart Holdings, Inc. (NASDAQ:UPST) Number of Hedge Fund Holders: 23. ... Avis Budget Group, Inc. (NASDAQ:CAR) ... Hut 8 Mining Corp. (NASDAQ:HUT)Nov 28, 2021
What stocks do well in a war?
War Stocks to Buy Now According to Hedge FundsIntrepid Potash, Inc. (NYSE:IPI) Number of Hedge Fund Holders: 8. ... Lithium Americas Corp. (NYSE:LAC) ... Northrop Grumman Corporation (NYSE:NOC) Number of Hedge Fund Holders: 33. ... Nutrien Ltd. (NYSE:NTR) ... Lockheed Martin Corporation (NYSE:LMT) Number of Hedge Fund Holders: 42.Mar 7, 2022
What are the five best stocks to buy right now?
Top 10 Stocks To Buy Right NowIntuitive Surgical, Inc. (NASDAQ: ISRG)Coinbase Global, Inc. (NASDAQ: COIN)Palo Alto Networks, Inc. (NASDAQ: PANW)Shopify Inc. (NYSE: SHOP)PayPal Holdings, Inc. (NASDAQ: PYPL)Netflix, Inc. (NASDAQ: NFLX)Upstart Holdings, Inc. (NASDAQ: UPST)CrowdStrike Holdings, Inc. (NASDAQ: CRWD)More items...•Apr 8, 2022
What is the best Reddit stock?
Without further ado, here are 10 Reddit stocks trending at the moment:Amazon (NASDAQ:AMZN)Apple (NASDAQ:AAPL)Microsoft (NASDAQ:MSFT)Tesla (NASDAQ:TSLA)SPDR S&P 500 ETF Trust (NYSEARCA:SPY)Nvidia (NASDAQ:NVDA)Gartner (NYSE:IT)Palantir (NYSE:PLTR)More items...•Mar 17, 2022
Will Reddit go public?
The famed social media platform plans to take itself public sometime this year (possibly as soon as this month). Reddit has already filed preliminary IPO registration statements with the SEC and has engaged Morgan Stanley and Goldman Sachs to guide it.Mar 15, 2022
Is Tesla a good buy?
Tesla has a top Growth Score of A and belongs to a bottom-ranked Zacks industry (in the bottom 21%). The Zacks Consensus Estimate for the average target price is $961.86, with nearly 42% of the analysts giving a Strong Buy or a Buy rating ahead of the company's earnings.16 hours ago
What should invest in 2021?
Here is my list of the seven best investments to make in 2021:Build Your Cash Reserves. ... Stocks – Still the Way to Go in 2021. ... Real Estate. ... Pay down or Pay Off Debt. ... Launch or Accelerate Your Retirement Savings Plan. ... Make 2021 the Year You Begin Investing in Yourself. ... Invest in a Side Business.Jan 8, 2021
What should I buy for inflation?
Here's where experts recommend you should put your money during an inflation surgeTIPS. TIPS stands for Treasury Inflation-Protected Securities. ... Cash. Cash is often overlooked as an inflation hedge, says Arnott. ... Short-term bonds. ... Stocks. ... Real estate. ... Gold. ... Commodities. ... Cryptocurrency.
What is the best defense stock?
Raytheon Technologies (RTX, $101.08) is one of the largest defense stocks in the world. The company's suite of products include aircraft engines, guided missiles, satellites, drones, land warfare systems, torpedoes, air traffic control systems, radars and many others.Mar 31, 2022
What is the best defense stock to own?
The Best Defense Stocks For Today — And The FutureF/A-18 Super Hornets. ( Boeing)Northrop's B-21 stealth bomber. ( U.S. Air Force)F-35 stealth fighter. ( Lockheed Martin)Patriot missile defense system. ( Raytheon)M1 Abrams tank. ( StockPhotosLV/Shutterstock)Mar 14, 2022
What is the Reddit effect?
The “Reddit Effect” now means that younger investors have an outsized influence over which stocks win. As more young people become investors, their effect will become more pronounced and potentially turn into a “Mementum” effect instead.
What stocks are in WFH?
WFH stocks include Facebook, Box, Fortinet, Netapp and Cisco. Holding period from 12/31/2019 through 4/9/2021. On the date of publication, Tom Yeung did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Why did stocks dominate?
The stocks came to dominate for one straightforward reason: the rise of retail investors. These newer investors have turbocharged momentum investing in an extraordinary way. Not only has the momentum effect eclipsed other factors (growth, valuation, product quality and so on).
Is Reddit momentum short?
Reddit’s concept of momentum can be quite short — having only one to three months of outperformance seems to be enough for retail investors to jump on a new trend. Airline stocks in May 2020 are a prime example of a short window. 2. Company size.
Who is Bret Kenwell?
Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. Article printed from InvestorPlace Media, https://investorplace.com/2021/06/8-hot-reddit-stocks-that-could-be-the-next-big-meme/.
Who is the chairman of GameStop?
Still, GameStop has been one of the leaders of this short-squeeze movement and that means it could take off at any time. The company’s chairman is Ryan Cohen, co-founder and former CEO of Chewy (NYSE: CHWY ). He’s looking for a new CEO who can lead the company’s e-commerce strategy.
Is Virgin Galactic a short squeeze stock?
Virgin Galactic has been a short-squeeze favorite for a while now. It ’s simply too juicy of a stock not to trade when the environment is right. But let’s not miss Virgin for what it is — this is a speculative stock holding.
How many members of Reddit are there in 2021?
The more than 10 million members of Reddit's WallStreetBets community have gotten Wall Street's attention in 2021. The group of retail stock traders has successfully orchestrated targeted buying campaigns and produced viral social media movements associated with a handful of heavily shorted stocks. The resulting short squeezes have generated extreme volatility, triggered massive hedge fund losses and even prompted a Congressional hearing to investigate the matter. In early June, some of Reddit's favorite so-called "meme" stocks are on the move once again. Here are the eight Reddit stocks generating the most WallStreetBets buzz in June, according to Swaggy Stocks.
Is Gamestop shorted in 2021?
Short sellers smelled blood in the water, making GameStop one of the most heavily shorted stocks in the entire market coming into 2021. However, Reddit traders rallied around GameStop in January, sending its stock price skyrocketing from less than $18 to as high as $483 in a matter of weeks. WallStreetBets has "diamond hands" for GameStop ...
When did Palantir go public?
Palantir Technologies ( PLTR) Data analytics company Palantir Technologies has been a favorite among the WallStreetBets crowd since the company's initial public offering in September 2020. Palantir shares climbed from their $10 IPO price to as high as $45 during the Reddit-fueled short squeeze back in January.
Who is Clover Health?
Clover Health Investments is a Medicare insurance technology company backed by influential venture capitalist Chamath Palihapitiya, and it has become the latest Reddit short squeeze phenomenon. The company went public back in January via a merger with a special-purpose acquisition company.
Is Sundial a risky company?
Sundial Growers ( S NDL) The cannabis business is a risky and unpredictable space for investors, but Sundial Growers is one of the riskiest cannabis stocks of all. Sundial recently reported first-quarter revenue that was down 29.3% from a year ago, and its cannabis sales dropped 45% sequentially in the quarter.
Is BlackBerry losing money in 2021?
However, the health crisis hit BlackBerry hard, and the company reported a $1.1 billion net loss in fiscal 2021. Still, BlackBerry recently announced new contracts or extensions of existing deals with Amazon Web Services and Baidu ( BIDU ).
Is Moderna a fast track?
In addition, Moderna was recently granted fast-track designation by the U.S. Food and Drug Administration for its respiratory syncytial virus vaccine. Advanced Micro Devices Inc. ( AMD)
What is Biden expected to sign?
President Biden is expected to sign an executive agreement ordering the Federal Trade Commission to limit or ban noncompete agreements, unnecessary occupational licenses, and revise guidance for sharing wage information between the HR department and workers and other employers.
Where is the Tesla Solar neighborhood?
The companies said the provisionally named SunHouse at Easton Park in Austin, Texas, would be the first Tesla Solar neighborhood.
Why is investment considered speculative?
This type of investment is considered speculative because trades are often based on social sentiment rather than company performance. They also might target stocks with high short interest ratios to combat the efforts of large hedge funds or other institutions.
Is GameStop dead?
There's also Silvergate Capital (NYSE:SI), which is a Cathie Wood buy. To many investors' surprise, GameStop isn't dead and gone.
Is Gamestop a short interest company?
Gamestop (NYSE:GME) and AMC Entertainment (NYSE:AMC) are still at the top of the list with high short interest ratios and heightened trading activity, but they aren't alone.
What stocks could be the next short squeeze candidates?
According to MarketBeat, Workhorse has a short interest to float ratio of 35.8 percent, which is high enough to generate a short squeeze. The negativity around the stock stems from the awarding of a much-anticipated contract by USPS to a rival, Oshkosh.
Exela Technologies
MarketBeat said that Exela Technologies (XELA) could be another stock primed for a short squeeze as 37.6 percent of its float is sold short. Combined with improving fundamentals, Exela could be the next Reddit target. It's also popular on Reddit forums.
Clover Health
Clover Health has nearly 19 percent of its float shorted. While this isn’t much, there are other catalysts that could make it the next short squeeze target for Redditors. Clover is trending on the forum. After the steep price fall, most of the short-term negatives already seemed to be priced in the stock.
SmileDirectClub
SmileDirectClub could be another short squeeze candidate as 32.5 percent of its float is sold short. It has become popular on Reddit forums recently. The company reported weak second-quarter results after reporting a string of poor results previously as well.
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.
Does Nokia support T-Mobile?
Now, Nokia helps support large telecommunication companies like T-Mobile (NASDAQ: TMUS) build out their 5G network. In fact, Nokia recently announced this month that they signed a 5-year extension with T-Mobile to expand T-Mobile’s extended range 5G coverage.
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.
