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However, some social-media favorites possess sufficient fundamental strength to generate solid returns. We think Nokia Corporation (NOK) and United States Steel Corporation (X) are two such stocks. They could be long-term winners on the back of their improving fundamentals.
In contrast, because popular meme stocks tumbled this month on investor caution regarding the next, crucial Federal Reserve update, we think fundamentally weak meme stocks AMC Entertainment Holdings, Inc. (NYSE:AMC) and BlackBerry Limited (BB) are best avoided now.
