These 3 Meme Stocks Have Legitimate Long-Term Upside
Meme stocks -- or hot stocks that gain viral followings on social media -- often trade on market hype instead of any fundamental strengths. That's why many investors broadly dismiss meme stocks as low-quality investments for short-sighted traders, and why many of those buzzy stocks were rightfully wiped out as interest rates rose over the past year.
But not every meme stock is a troubled company. Some of those meme stocks -- like Coinbase (NASDAQ: COIN), Shopify (NYSE: SHOP), and Unity (NYSE: U) -- might actually head higher over the long term.
Image source: Getty Images.
Source Fool.com
Shopify Inc Aktie
67,04 €
-1,84 %
Leichtes Buy-Übergewicht bei Shopify Inc mit 5 Buy- gegenüber 1 Sell-Einschätzungen.
Für Shopify Inc ergibt sich mit einem Kursziel von 75 € ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 67.04 €.
