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Saving Investors From Meme Stocks: AMC Entertainment (AMC)
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Saving Investors From Meme Stocks: GameStop (GME)
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Author Bio
A Fool since 2010, and a graduate from UC San Diego with a B.A. in Economics, Sean specializes in the healthcare sector and investment planning. You ll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. Follow @TMFUltraLong
The broader market has been unstoppable ever since a first-quarter stock market crash for the ages in 2020. The benchmark
S&P 500 has jumped 75% since the bear market bottom of March 23, 2020, while the tech-heavy
Nasdaq Composite is up an eye-popping 104%.
These bounce-back rallies are historic in scale yet they pale in comparison to the gains registered by a handful of momentum stocks that have recently captivated retail investors. If investors had the foresight to invest $250,000 in the following five stocks one month ago, they d be sitting on at least $1 million, if not more, as of Feb. 10.
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