- InvestorPlace
The 3 Most Undervalued Meme Stocks to Buy in June 2024
While the rampant speculation that underlines the meme-trading phenomenon may be viewed as problematic, this sector may also provide some hidden gems. The key is to consider fundamentally sound enterprises that happen to be trading below their intrinsic worth. Hence, we arrive at undervalued meme stocks. These ideas go a cut above your standard market gambles. We’re not dealing with embattled cineplex operators or gaming retailers in a paradigm where software downloads rule. No, with these under
- InvestorPlace
If You Can Only Buy One Meme Stock Now, It Better Be One of These 3 Names
Deep in one of the more passionate and hyperbolic corners of the internet exists a community of investing subReddits. What once existed as a public forum for discussing stock prospects and company valuations has now evolved into several different pockets of speculative fervor. After all, it’s very exciting to get together with strangers on the internet and speculate how high your portfolio of meme stocks or penny stocks can go. That being said, it’s important to keep in mind that, no matter how
- InvestorPlace
Trade of the Day: Cutera (CUTR) Stock Presents a Short Squeeze Opportunity
At a quick glance at its one-year chart, seemingly everything about dermatology specialist Cutera (NASDAQ:CUTR) screams danger. Typically, a publicly traded firm doesn’t lose over 88% of its market value over a 52-week period unless something catastrophic happens. Despite the awful print, however, Cutera is involved in a relevant industry. Combined with its short squeeze potential, CUTR stock could be intriguing for contrarian speculators. According to its public profile, Cutera develops and mar
