Meme stocks are in the spotlight this week. GameStop, and others like AMC, experienced much volatility this week , rallying then tumbling after just two days. These so-called meme stocks, which gained popularity through social media platforms like Reddit and X , have attracted retail investors looking to make a quick profit.
He defines such stocks as likely to see big decreases in share price — without going to $0 — because their valuations are "unreasonably high," relative to their "very poor" cash flows and profits. 'Danger zone' stocks Here are some other stocks Trainer says is in his "danger zone" list, which also includes his "zombie stocks." They are: AMC Entertainment Holdings, DoorDash , Robinhood , Tilray Brands and Beyond Meat .
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