3 "YOLO Stocks" That Are Just Getting Started
Initially fueled by boredom, many beginning investors this year have found a community in stock-trading chat rooms, where stories of so-called YOLO (you only live once) trades dominate the conversation.
If you're a long-term investor, you might understandably think this acronym would spell disaster for investors...and you'd mostly be wrong to this point. Many of these investors are doing surprisingly well in this bull market.
Multiple reports have found that the stocks that can be deemed YOLO stocks -- stocks widely discussed in the chat rooms rife with investors talking about YOLO trades -- are outperforming both the broader stock market and even hedge funds.
Source Fool.com
