Hello there - If your kneejerk answer to that question is “No” or even “Hell No!” give me two minutes before you hit the trash button. I’m an “old school” investor. Perhaps more old school than you and I have stayed far away from the “meme stocks” or “casino stocks” or whatever they’re being called these days. And for many of these stocks, I will continue to do so. However, as I look at some of the stocks that the Reddit crowd is piling into, I’m less skeptical. Driving a stock higher simply based on high short interest and low volume is a dangerous game. But it’s working for some investors. But that’s not why I’m intrigued. Maybe it’s the idea of a broken clock being right twice a day. But the simple fact is not all of these Reddit stocks have a fundamentally bad story. Some of them even have significant revenue and long-term growth potential. And if you can find those stocks, that can be a very profitable avenue. If you’re still with me, I encourage you to read this special presentation. You’ll have a chance to form your own opinion on seven Reddit stocks that might have a life after this current mania phase quiets down. It’s an educated guess but these companies appear to have a sustainable business model. Does this mean that any of these companies are sure things? Of course not. Many of these companies have not been trading publicly for very long. And to enter the market at the end of a year which has no historical comparison from a stock market standpoint is a reason for caution. But if you have an appetite for risk and some “blow money” to invest, these stocks could deliver fun and profitable ride even as the meme stock trade may wind down. View the “7 Reddit Stocks That Have a Chance to Be Special.”
Matthew Paulson
MarketBeat.com | 
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