3 Ways to Invest in Meme Stocks Safely

Many investors are drawn to meme stocks because they have the potential to be very profitable. Earlier this year, meme stocks like AMC Entertainment Holdings (NYSE: AMC) and GameStop (NYSE: GME) saw their share prices soar, making investors in those companies who sold at a profit very wealthy.

But there's a danger in investing in meme stocks. For one thing, a big reason they've taken off this year is media hype more so than an actual uptick in value. Or, to put it another way, the record-breaking gains AMC and GameStop saw earlier in the year were not necessarily reflective of the value of those companies.

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Source Fool.com