Stock Power Daily — Meme Stock to Avoid: “High-Risk” Retailer

Stock Power Daily: September 2, 2022.

Meme Stock to Avoid: "High-Risk" Retailer “Meme stocks” are popular with retail investors based on social media hype. Our Stock Power Ratings system helps you cut through the hype and noise to find the right investments. Today’s Stock to Avoid is a domestic goods retailer that rates a “High-Risk” 8 out of 100 on our proprietary system. Remember the hype last year with GameStop Corp. (NYSE: GME)? The stock skyrocketed from $8 a share to $81 in a matter of weeks because of social media users. Now it’s back down to $27 and has lost 23% in 2022. Stocks that are popular among retail investors based on social media hype are “meme stocks.” Here at Stock Power Daily, we don’t buy based on hype. Our proprietary Stock Power Ratings system helps you cut through the noise to find the smartest, highest-potential investments. The latest meme stock that’s popular with retail investors isn’t one of these… Click here to find out which meme stock you should steer clear of — despite a recent 120% surge! From our Partners at Banyan Hill Publishing. EX WALL STREET TRADER SPEAKS: “I’m getting OUT of this supposedly ‘SAFE’ asset … and YOU should too!” Here’s why. Check Out Our Most Recent Power Stocks: EXCELLENT NORWEGIAN PETROLEUM STOCK RATES 96 TRANSPORTER IS CRUCIAL TO MEDICINE AND FOOD DELIVERY BOAT OWNERSHIP SURGES: “STRONG BULLISH” POWERBOAT COMPANY Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/ Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2022 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: Click here to Unsubscribe