3 Meme Stocks to Avoid Even During Peak Frenzy

However, some type of catalyst is needed from a business perspective to support a big rally. Truly, stocks will disappoint during the next meme frenzy. This column discusses three meme stocks to avoid as they represent businesses with weak fundamentals coupled with absence of any positive catalysts from a business growth perspective. Let's talk about the reasons that make these meme stocks unattractive. Source: shutterstock.com/EchoVisuals GameStop holds $1.1 billion in cash as of Q1. However, that's unlike ...