Hot stocks took on a whole new meaning during meme stock mania. The question now is: are meme stocks back?
It certainly looks like it judging by the way several securities have been trading in recent weeks. While some analysts and investors are labeling a slate of companies, primarily financial firms based in Hong Kong, the new hot stocks, others are ambivalent. They’re warning that retail investors are again executing short squeezes on vulnerable companies and implementing time-worn pump-and-dump schemes.
So, should you buy these new hot stocks that are skyrocketing in value or steer clear of them for fear that they will inevitably crash?
Here are answers to whether you should buy the following four hot stocks.
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