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Top Meme Stocks of The Week
... a full breakdown of what happened
Swaggy’s Top Stonks. We compile and analyze data from multiple sources bringing you the top trending tickers from around the internet. If you haven’t subscribed already, please do so below.
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Today's Letter
Top Meme Stocks of the Week
OG Meme Stocks - Having a good month
Retail stocks of the month w/ highest analyst “Buy” rating
Top Meme Stocks of the Week
Are the investors gamblers at WallStreetBets on to something? This last week was a great week for stock performance and most companies mentioned on the forum. Here are the most mentioned companies of the week with their respective 1-week price performance.
The Breakdown
Palantir (PLTR): Palantir stock has been on a tear, going ham and yeeting itself up 25% in the past two weeks. This is because Palantir is a baller company with strong earnings and a new partnerships. Investors have been bullish on Palantir, and it's evident as the stock is up bigly.
Nvidia (NVDA) and AMD: Both companies riding the AI wave as demand for processors has been showing strength. Semi-conductors, Apple, Amazon have been the winners pushing the SPY, Nasdaq, and the QQQ higher recently.
OG Meme Stocks - Having a good month
OG meme stocks are also riding the PLTR wave and performing strong this month. Bed, Bath, & Beyond isn’t quite an OG, but definitely one of the more popular meme stocks so I included it for entertainment purposes.
Retail stocks of the month w/ highest analyst “Buy” rating
Are buy-ratings meaningless or should we follow the analysts blindly?
I’ve taken the top 150 most mentioned stocks by social chatter this month and sorted them by buy-rating. Here are the top 25 “strongest buys” according to analysts.
I’ve added 6-month price performance to see just how much these ratings hold their weight in water. Before you make any assumptions based on your first impression of the chart, I’ve got the summary of the data following the charts.
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