Are These 3 Companies Next for Short Squeezes?
GameStop's (NYSE: GME) unprecedented rally last year, which was largely driven by a massive short squeeze, caused some investors to seek out other heavily shorted stocks to buy into in hopes of netting similar gains. However, such stocks are also usually heavily shorted because they have fundamental problems -- so it's easy to catch a falling knife with this risky strategy.
Today, I'll take a look at three heavily shorted stocks -- Bed Bath & Beyond (NASDAQ: BBBY), Beyond Meat (NASDAQ: BYND), and Upstart Holdings (NASDAQ: UPST) -- and see if they could be short-squeeze candidates.
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Source Fool.com
