As meme stocks gain traction, Todd Walsh, Alpha Cubed Investments CEO and author ofjoins Wealth! to shed light on why investors should avoid these speculative investments.
Walsh points out that"a generation of investors" are currently drawn to meme stocks, mistakenly believing they are investing when, in reality, these stocks"are just speculation." He emphasizes the importance of investors establishing a"foundation" and an"investment process" that filters out speculative plays.
Walsh advises investors to"get away from the idea of making a big score" and instead focus on factors such as a company's earnings and profitability. This approach promotes a more disciplined investment strategy, he adds.Momentum is underway for these two Canadian stocks, and yet both still trade at share prices that are quite low given their future growth. The post Underpriced and Overlooked: 2 Canadian Stocks Ready to Rally appeared first on The Motley Fool Canada.
They bought Nvidia stock before the hype. It's paid for cars, vacations, and a deposit on a dream home. Many retail investors got in when the company was a cornerstone of PC gaming, but the rise of AI has supercharged returns for longtime bulls.Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear. Shares of the company that operates former U.S. President Donald Trump's social media app Truth Social listed on Nasdaq on March 26.
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