We joined Schwab Network Wednesday, December 11 to discuss the latest trends in meme investing.
We’ve been warning the public of the inherent dangers of meme stock investing since its inception with Roaring Kitty in 2021.
However, as with many trends, the meme phenomenon shows signs of evolving and maturing, pivoting from crazes likeGME and AMC, which have every potential of heading to $0, to legitimate businesses.
The Mag 7 have become, among others, the heirs apparent to the meme crowd. David Trainer finds a silver lining to these trends in his most recent Schwab Network appearance. He also shares the baby step toward the grail of New Constructs methodologies, which is to find those businesses with the best cash flows matched with the lowest market expectations.
This article was originally published on December 20, 2024.
Disclosure: David Trainer, Kyle Guske II, and Hakan Salt receive no compensation to write about any specific stock, style, or theme.
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