These 2 Meme Stocks Have Legitimate Long-Term Upside
Remember the meme-stock craze that happened in 2021? Many stocks rocketed higher for no apparent reason, in some cases doubling, tripling, or much more in just a few days.
Many so-called meme stocks are not great businesses. In fact, some of the most high-profile meme stocks have declared bankruptcy recently. On the other hand, some could be excellent long-term investments if they can execute on their tremendous market opportunities.
There's no shortage of financial technology companies that have created disruptive alternatives to traditional banking products. For example, there are apps that make investing easier than ever before, and plenty of online-based banks offer savings accounts with annual percentage yields (APYs) that branch-based banks can't match. But none have successfully become all-in-one banking disruptors that can completely replace a customer's existing bank relationship.
Source Fool.com
