Meme Stocks That Are Actually Solid Long-Term Picks
Meme stocks, popular with retail investors, can be good long-term investments if you ignore the hype around companies and look at their financials and long-term business prospects. There are a lot of definitions for meme stocks, but for me, they represent stocks that have outsize chatter around them.
That leaves out some retail investor favorites that would always be talked about, such as Coca-Cola (NYSE: KO), Apple (NASDAQ: AAPL), or U.S. Steel (NYSE: X), because they are household names.
Healthcare Realty Trust (NYSE: HR), Wingstop (NASDAQ: WING), and Gen Digital (NASDAQ: GEN) are all among the 15 most-talked-about stocks on Reddit's Wall Street Bets forum and can back up that buzz with good long-term possibilities. Two of the three also offer dividends that are better than the S&P 500 average of 1.82%.
Source Fool.com
