Forget Meme Stocks, Jump on This Trend Instead
If you've paid any attention to the financial world at all, you've heard of meme stocks by now. These are stocks, like AMC Entertainment Holdings (NYSE: AMC) and GameStop (NYSE: GME), that get hyped on social media and see their share prices rise -- sometimes dramatically and usually very temporarily.
It might seem like a good idea to jump into these meme stocks as they start trending, but it's actually incredibly risky. The share cost of these meme stocks becomes quickly divorced from the company's underlying value.
Instead, look to another recent trend that's much more likely to make investors rich.
Source Fool.com