This post was originally published on this site
According to a Digital Market News report, amateur investors now account for approximately 23% of all equity trading in the United States, compared to just 10% in 2019. And following the GME and AMC short squeezes, several other stocks skyrocketed in price on the power of retail investors. While not all WSB stocks possess fundamental strength, they do gain based on retail traders’ interest in them.
WallStreetBets stocks ContextLogic Inc. (WISH) and SmileDirectClub, Inc. (SDC), which are currently trading at below $10 per share, could be good additions to one’s watchlist. Wall Street analysts expect these two stocks to rally by more than 39% in the coming months.
