Shownotes
My oldest son moved back to Kansas when the rest of my family loaded up for Florida.
He has a great job and is starting a family.
Lately, when I talk to him, our conversations center around one thing: stocks.
He’s always asking for my advice on things he reads on the internet.
“Meme” stocks … specifically AMC Entertainment Holdings (NYSE: AMC) … came up in our latest chat.
These are stocks that see a sudden rise in price fueled by social media attention and not on the company’s performance.
He is like any investor — looking for ways to increase his income through the stock market.
After reading what social media did to a company’s stock like GameStop Corp. (NYSE: GME), he was drawn in to the hype.
Full disclosure: I do own shares of AMC Entertainment Holdings.
In this episode of The Bull & The Bear, I examine some of these meme stocks and tell you whether they are ones to invest in.
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