These 2 Meme Stocks Have Legitimate Long-Term Upside
Meme stocks have taken over the market in 2021. Described loosely as stocks with high short interest and/or gamma squeeze potential that become popular on social platforms like Twitter and Reddit, meme stocks are a whole new classification of stocks for investors to follow.
While most meme stocks are downward-trending businesses trading at absurd valuations (like Gamestop and AMC Entertainment), a select few are actually strong companies that could be much larger five to 10 years from now.
Palantir (NYSE: PLTR) and Upstart Holdings (NASDAQ: UPST) are two meme stocks with legitimate long-term upside. Here's why.
Source Fool.com
