We put these eight meme stocks through a rugged analytical test. Which are poised for growth and which have big downsides?

Every day the meme stocks dominate the financial media. And rightly so — they are illustrating the power of communications, as traders and investors seek to follow momentum to big profits.

The boards of directors of AMC and GameStop each took advantage of the excitement among traders and sold new shares to the public to raise billions of dollars. AMC announced and completed the sale of 11.55 million new shares June 3. So at the early stage of meme-stock mania, the WallStreetBets crew was able to buy shares of heavily shorted stocks as a group, which drove their prices higher and even led to covering by professionals. The resulting short-squeeze made a lot of money for traders whose timing was right. And the buzz has continued since then as the meme stocks have bounced up and down.

But now, only four stocks in the index are short 25% or more, according to FactSet’s most recent data: Geo Group Inc. GEO, +5.20%, which operates prisons, with 33.2% short interest, Bed Bath Beyond, PetMed Express Inc. PETS, -28.33%, with 28.7% short interest and B&G Foods Inc. BGS, -5.98%, with 25.8% of shares sold short.

So AMC and GameStop were obvious candidates for shorting until traders were able to group together via Reddit and online trading applications, including Robinhood, to cause the short-squeezes. You may have noticed that Koss isn’t included in the sales projections table. That is because FactSet was unable to obtain any financial estimates, ratings or targets from analysts at brokerage firms for the company.

Looking ahead — earnings Let’s do the same exercise for earnings-per-share estimates going out to 2023, where possible:

$MVIS is a MEMS stock not a Meme stock.

take a look at RMED could pop big low float $RMED 38% short 3.2m outstanding shares ave volume 1.78m today volume over 11m traded today $16m market cap - $4m revenue $15m cash / $4m debt

$BB isn't a meme stock ... BlackBerry is the leader in AI driven security technology which you can find in millions of technical devices ... $BB is for the long-term!

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