NYSE - Delayed Quote USD

GameStop Corp. (GME)

11.90

+0.69

(+6.16%)

At close: April 26 at 4:00 PM EDT

11.81

-0.09

(-0.76%)

After hours: April 26 at 7:59 PM EDT

Meme stocks are 'speculation,' not investing. Here's why.

As meme stocks gain traction, Todd Walsh, Alpha Cubed Investments CEO and author of Exponential Gains: How to Find and Manage the Next Great Stocks and Transform Your Portfolio, joins Wealth! to shed light on why investors should avoid these speculative investments. Walsh points out that "a generation of investors" are currently drawn to meme stocks, mistakenly believing they are investing when, in reality, these stocks "are just speculation." He emphasizes the importance of investors establishing a "foundation" and an "investment process" that filters out speculative plays. Walsh advises investors to "get away from the idea of making a big score" and instead focus on factors such as a company's earnings and profitability. This approach promotes a more disciplined investment strategy, he adds. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

Yahoo Finance Video 7 hours ago

GME
+6.16%
DJT

DJTWW
Why Is GameStop (GME) Down 17% Since Last Earnings Report?

GameStop (GME) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Zacks yesterday

GME
+6.16%
Spotting Winners: Ulta (NASDAQ:ULTA) And Specialty Retail Stocks In Q4

As the Q4 earnings season wraps, let's dig into this quarter's best and worst performers in the specialty retail industry, including Ulta (NASDAQ:ULTA) and its peers.

StockStory 4 days ago

ULTA

DKS

GME
+6.16%
Diversity Goals Are Disappearing From Companies’ Annual Reports

Dozens of firms change what and how they report on their diversity initiatives as DEI programs come under legal and political threat.

The Wall Street Journal 5 days ago

JWN

BBY

GME
+6.16%
Can You Afford to Ignore These 3 Stocks Up Over 200% in 2024?

Buying stocks up over 200% in 2024 is a tricky proposition. On one hand, you don’t want to fight momentum. Plenty of shorts have been burned trying to time a reversal in momentum for hot stocks like Tesla (NASDAQ:TSLA) and even former meme stock megalith Gamestop (NYSE:GME). Likewise, plenty of bulls have gotten cut trying to catch a falling knife, hoping for a resurgence. Still, determining which stocks will keep pumping and which — like Gamestop — are a dumpster fire is tough. Each of these th

InvestorPlace 6 days ago

ROOT

SMCI

GME
+6.16%
3 Stocks No One in Their Right Mind Would Own Right Now

Stocks, even fundamentally strong ones, can plunge for any number of reasons. The chances that fundamentally weak stocks plunge are much higher. Since the value of a company’s shares is directly tied to both its business model and performance, lacking this stability poses a significant financial risk. Moreover, the companies discussed in this article were once surrounded by much more optimism. As market trends shift, so too has public opinion around these companies. Today, these firms exist in f

InvestorPlace 7 days ago

BYND

GME
+6.16%
CHPT
11 Most Popular Stocks on Robinhood in 2024

In this article, we will take a detailed look at the 11 Most Popular Stocks on Robinhood in 2024. For a quick overview of such stocks, read our article 5 Most Popular Stocks on Robinhood in 2024. Amid rising inflation and economic uncertainty, millions of young Americans are starting to invest in different asset classes to secure their future […]

Insider Monkey 7 days ago

HOOD

DIS

TSLA
-1.11%
Meme Stock Massacre: 3 Reddit Darlings on the Brink of Collapse

As of this writing, Reddit (NYSE:RDDT) stock has been publicly trading for about a month. For a variety of reasons, the stock is down about 20%. But what may be most concerning is that volume is down sharply. It’s too early to draw firm conclusions. However, the stock does not appear to have the committed following of some Reddit stocks that were a core argument for the company’s initial public offering (IPO). The popularity of these “meme stocks,” on subreddits such as WallStreetBets made the s

InvestorPlace 7 days ago

RDDT

NIO
+8.72%
GME
+6.16%
A Look Back at Specialty Retail Stocks' Q4 Earnings: Bath and Body Works (NYSE:BBWI) Vs The Rest Of The Pack

Let's dig into the relative performance of Bath and Body Works (NYSE:BBWI) and its peers as we unravel the now-completed Q4 specialty retail earnings season.

StockStory 8 days ago

GME
+6.16%
ULTA

DKS
Rate Cut Rockets: 3 Stocks to Soar When Interest Rates Fall

Risk-on! The stock market is widely expected to takeoff like a rocket once the U.S. Federal Reserve finally begins lowering interest rates. If that happens, investors’ risk appetite is sure to increase, with certain stocks catapulting higher as a result. The last time markets got frothy in 2021, it led to record high prices for crypto, the meme stock craze, and a resurgence of public stock offerings through special purpose acquisition companies (SPACs). What is likely to happen this time once in

InvestorPlace 9 days ago

HOOD

GME
+6.16%
April Price Target Cuts: 3 Stocks That Analysts Are Losing Faith In

With all the turbulence in the stock market at this time, it’s imperative to consider theimpact of analyst downgrades to minimize risk. Following a momentous AI-powered rally in the past year or so, the market’s taking a breather. Moreover, with inflation coming in hot this month again, expect the stock market to shed more of its gains in the near term. Hence, with all the uncertainty, investors must consider price target cuts from Wall-Street. With that said, here are three stocks with analyst

InvestorPlace 10 days ago

LUMN

GME
+6.16%
FSTR
Donald Trump Stock DJT Vs. Elon Musk's Tesla. Which Is The Better Meme Stock?

Donald Trump and Elon Musk share some similarities, while both Trump Media's DJT and Tesla share some meme stock qualities.

Investor's Business Daily 11 days ago

TSLA
-1.11%
GME
+6.16%
AMC
+3.96%
Joe Biden's 'Broke Don' Nickname For Trump Looks Premature As Trump's Stake In DJT At $2.9 Billion, Barry Diller Calls DJT Buyers 'Dopes'

During the 2020 election cycle, former President Donald Trump gave President Joe Biden the nickname "Sleepy Joe." Now, as one Democratic strategist described, Biden is trying to "out-Trump Trump" by testing giving the former president a nickname of his own. Biden has called Trump "Broke Don" in an attempt to mock his mounting legal fees and relatively smaller campaign fundraising efforts to date. Even with the recent pullback in Trump Media & Technology Group Corp. (NASDAQ:DJT), which owns socia

Benzinga 15 days ago

GME
+6.16%
GME Stock Analysis: GameStop Profits Mean Nothing When Your Business Is Dying

Video game retailer GameStop stock (NYSE:GME) can’t win for losing. Not even its first profit in four quarters could turn the tide of negative sentiment positive. The stock is down 37% in 2024 and has lost its half value over the past 12 months. The stock sold off sharply after reporting fourth-quarter earnings late last month, wiping out all the gains made in the build up to the release. And it continues dropping in the aftermath. Now another executive is thrown out of the C-suite on his ear as

InvestorPlace 15 days ago

GME
+6.16%
7 Meme Stocks to Sell in April Before They Crash & Burn

There are seven meme stocks to sell in April before the worst comes to worst. Meme stocks are often driven by hype and social media frenzy rather than fundamental business factors, can be incredibly volatile and unpredictable. While the potential for big gains can be enticing, the risks involved shouldn’t be overlooked. These stocks can experience sudden and dramatic price swings, fueled by the whims of retail investors rather than the company’s actual performance. This makes it extremely diffic

InvestorPlace 15 days ago

GME
+6.16%
AMC
+3.96%
MARA
New Strong Sell Stocks for April 11th

AMN, ACLS and GME have been added to the Zacks Rank #5 (Strong Sell) List on April 11, 2024.

Zacks 15 days ago

AMN

GME
+6.16%
Specialty Retail Stocks Q4 Results: Benchmarking GameStop (NYSE:GME)

As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at specialty retail stocks, starting with GameStop (NYSE:GME).

StockStory 15 days ago

GME
+6.16%
DKS

SPWH
Zombie Stock Apocalypse: 7 Walking Dead Companies to Avoid

An underappreciated part of investing is knowing when to cut your losses. No one bats a thousand in this field; even the best investors make some bad picks and come up with ideas that don’t pan out from time to time. It’s one thing to get a pick wrong. It’s quite another thing to stay wrong. Further to that, there’s no reason to be loyal to a stock just because you already own it. In fact, investors should pay special attention to make sure they don’t fall prey to sunk cost fallacy. It’s never t

InvestorPlace 16 days ago

SAVE

GME
+6.16%
BYND
GameStop COO is out

Nir Patel arrived about two years ago from Belk, where he had been CEO for less than a year. The struggling gaming retailer won’t replace him.

Retail Dive 21 days ago

GME
+6.16%
7 F-Rated Stocks to Sell in April

April is a great time to invest in the stock market, but only if you know where to find the best stocks. Conversely, you need to be able to identify F-rated stocks to sell in April if you’re going to keep your portfolio out of the red. This is no time to leave money on the table. Since 1945, April has averaged an average return in the market of 1.6%. That may not sound like a lot, but it ties December for the best-performing month of the year on average. While there are some great companies out

InvestorPlace 21 days ago

GME
+6.16%
MULN

HTZWW

Performance Overview

Return	GME	S&P 500
YTD	-32.12%	+6.92%
1-Year	-37.37%	+25.26%
3-Year	-68.51%	+22.00%

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GameStop Corp. (GME)

Meme stocks are 'speculation,' not investing. Here's why.

Why Is GameStop (GME) Down 17% Since Last Earnings Report?

Spotting Winners: Ulta (NASDAQ:ULTA) And Specialty Retail Stocks In Q4

Diversity Goals Are Disappearing From Companies’ Annual Reports

Can You Afford to Ignore These 3 Stocks Up Over 200% in 2024?

3 Stocks No One in Their Right Mind Would Own Right Now

11 Most Popular Stocks on Robinhood in 2024

Meme Stock Massacre: 3 Reddit Darlings on the Brink of Collapse

A Look Back at Specialty Retail Stocks' Q4 Earnings: Bath and Body Works (NYSE:BBWI) Vs The Rest Of The Pack

Rate Cut Rockets: 3 Stocks to Soar When Interest Rates Fall

April Price Target Cuts: 3 Stocks That Analysts Are Losing Faith In

Donald Trump Stock DJT Vs. Elon Musk's Tesla. Which Is The Better Meme Stock?

Joe Biden's 'Broke Don' Nickname For Trump Looks Premature As Trump's Stake In DJT At $2.9 Billion, Barry Diller Calls DJT Buyers 'Dopes'

GME Stock Analysis: GameStop Profits Mean Nothing When Your Business Is Dying

7 Meme Stocks to Sell in April Before They Crash & Burn

New Strong Sell Stocks for April 11th

Specialty Retail Stocks Q4 Results: Benchmarking GameStop (NYSE:GME)

Zombie Stock Apocalypse: 7 Walking Dead Companies to Avoid

GameStop COO is out

7 F-Rated Stocks to Sell in April

Performance Overview