1 Meme Stock to Avoid Like the Plague
Meme stocks have drawn considerable attention in investment circles. Instead of focusing on rising profits or attractive valuations, such stocks are often driven by hype coming from social media, online forums, or other areas. That has fostered considerable speculation and volatility.
Unfortunately, buying such stocks is the antithesis of long-term investing, and they can often wipe out investors once the hype disappears. Kohl's (NYSE: KSS) is likely one such stock to avoid. Here's why.
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Source Fool.com
