This post was originally published on this site
However, not all stocks in the healthcare space have gained due to industry tailwinds. Following subreddit r/WallStreetBets’ (WSB) enormous success earlier this year in squeezing short-sellers out of their positions in GameStop (NYSE:GME), the forum targeted several other fundamentally poor stocks with heavy short interest and benefitted by inducing short squeezes in them also.
Clover Health Investments Corp. (CLOV) and Ocugen Inc. (OCGN) are two WSB favorites in the healthcare sector. But given their fundamental weakness, we believe investors should avoid these two meme stocks. They are rated an F (Strong sell) in our proprietary POWR Ratings system.
