3 Picks That Could Be the Next Meme Stock Champion

InvestorPlace

2022/09/01

Reddit is lighting up Wall Street again, and investors are again donning their thinking caps and looking for the next meme stock champion.Palantir Technologies (PLTR): As one of the most frequently ...

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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Picks That Could Be the Next Meme Stock Champion\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2022-09-01 11:58</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>Reddit is lighting up Wall Street again, and investors are again donning their thinking caps and looking for the next meme stock champion.Palantir Technologies (PLTR): As one of the most frequently ...</p>\n\n<a href=\"https://investorplace.com/2022/08/3-picks-that-could-be-the-next-meme-stock-champion-pltr-siga-nio/\">网页链接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://investorplace.com/2022/08/3-picks-that-could-be-the-next-meme-stock-champion-pltr-siga-nio/\">InvestorPlace</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4581","symbol_name":"高盛持倉","start_time":0,"source_url":"https://investorplace.com/2022/08/3-picks-that-could-be-the-next-meme-stock-champion-pltr-siga-nio/","article_id":"2264359682","we_media_id":null,"thumbnails":[],"rights":{"source":"investorplace","url":"https://investorplace.com/2022/08/3-picks-that-could-be-the-next-meme-stock-champion-pltr-siga-nio/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2264359682","pubTimestamp":1662004723,"columns":[],"sourceInfo":{"source_id":"investorplace","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Reddit is lighting up Wall Street again, and investors are again donning their thinking caps and looking for the next meme stock champion.Palantir Technologies : As one of the most frequently mentioned stocks on Reddit, PLTR could be a meme stock king.Siga Technologies : SIGA is a high-risk, high-reward investment, making it a classic potential meme stock.Nio : The Chinese EV maker is finding it tough to maintain its position due to supply chain issues, but has a strong following online.Source: ","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4581":"高盛持仓","SQQQ":"纳指三倍做空ETF","BK4532":"文艺复兴科技持仓","BK4527":"明星科技股","BK4543":"AI","BK4501":"段永平概念","BK4531":"中概回港概念","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4023":"应用软件","BK4526":"热门中概股","BK4534":"瑞士信贷持仓","QID":"两倍做空纳斯达克指数ETF-ProShares","BK4139":"生物科技","BK4127":"投资银行业与经纪业","BK4076":"电脑与电子产品零售","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","PSQ":"做空纳斯达克100指数ETF-ProShares","CDC":"VictoryShares US EQ Income Enhanced Volatility Wtd ETF","SIGA":"SIGA Technologies Inc","BK4577":"网络游戏","BK4178":"家庭装饰零售","TQQQ":"纳指三倍做多ETF","BK4504":"桥水持仓","MS":"摩根士丹利","GME":"游戏驿站","QQQ":"纳指100ETF","PLTR":"Palantir Technologies Inc.","AMC":"AMC院线","BB":"黑莓","BK4550":"红杉资本持仓","BK4108":"电影和娱乐","BK4568":"美国抗疫概念","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","BK4574":"无人驾驶","BK4007":"制药","BBBY":"Bed Bath & Beyond, Inc.","BK4551":"寇图资本持仓","QLD":"2倍做多纳斯达克100指数ETF-ProShares","NIO.SI":"蔚来","BK4583":"猴痘概念","BK4509":"腾讯概念","NIO":"蔚来","BK4097":"系统软件"},"translate_title":"3个可能成为下一个迷因股冠军的选择","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":1,"AMC":1,"BBBY":1,"NIO":1,"PSQ":0.6,"QQQ":0.6,"QLD":0.6,"NQmain":0.6,"SQQQ":0.6,"NIO.SI":0.6,"CDC":1,"MNQmain":0.6,"TSLA":1,"QID":0.6,"FCAU":1,"BB":1,"MS":1,"PLTR":1,"SIGA":1,"TQQQ":0.6},"content_text":"Reddit is lighting up Wall Street again, and investors are again donning their thinking caps and looking for the next meme stock champion.Palantir Technologies (PLTR): As one of the most frequently mentioned stocks on Reddit, PLTR could be a meme stock king.Siga Technologies (SIGA): SIGA is a high-risk, high-reward investment, making it a classic potential meme stock.Nio (NIO): The Chinese EV maker is finding it tough to maintain its position due to supply chain issues, but has a strong following online.Source: Spyro the Dragon / ShutterstockFor those unfamiliar with the term, a meme stock is a stock that has seen an increase in price due to attention on social media platforms like Reddit. In recent months, we’ve seen meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) skyrocket in value, much to the surprise of traditional investors. So, who will be the next meme stock champion?There are a few contenders for the title. One possibility is BlackBerry (NYSE:BB), which has already seen a surge in interest due to its association with Reddit. Another possibility is Tesla (NASDAQ:TSLA), which has long been a favorite of online investors.Of course, predicting the next meme stock is no easy task. The market is highly volatile and ever-changing. Nevertheless, active investors should keep an eye on this area if it wants to take advantage of the monstrous gains Reddit users are known to induce.We’re interested in finding the next meme stock champion, so we’re avoiding the more popular names on this list. Investors know about AMC, GameStop and Bed Bath & Beyond (NASDAQ:BBBY) as key Reddit stocks. However, this article will discuss some stocks that do not often enter the conversation around meme stocks.So, if you’re looking to get in on the action, keep an eye on the following three stocks. The next meme stock champion could be just around the corner.PLTRPalantir Technologies$7.73SIGASiga Technologies$15.08NIONio$19.95Palantir Technologies (PLTR)Palantir (NYSE:PLTR) has developed a groundbreaking platform that allows users to access, organize and analyze data of all kinds. The company’s products are used by some of the world’s largest organizations, including the U..S intelligence community, law enforcement agencies and major corporations. Palantir is constantly innovating and expanding its products and services. The company is well on its way to becoming a major player in the data analytics market.The major argument against investing in Palantir is its lack of commercial clients. The majority of Palantir clients remain government agencies. While this provides the data analytics company with smooth recurring cash flow, it does not give Palantir bulls what they are craving, which are lucrative commercial contracts that invite less scrutiny.The latest figures show progress on the commercial side. In the latest quarterly results, Palantir reported a 120% year-over-year increase in its U.S. commercial revenue. Some of the top clients who use Palantir’s Foundry platform are Morgan Stanley (NYSE:MS), Airbus (OTCMKTS:EADSY) and Fiat Chrysler (NYSE:FCAU). The company recently inked deals with homeownership platform Better and healthcare technology company MCI Onehealth. All of these developments lead me to believe PLTR knows where it needs to improve.Palantir is a great investment for those who are patient. The company has a unique operating model that is different from other companies in the industry. Palantir is looking to diversify its revenues from just government contracts, which will pay dividends in the future. The company’s commercial clients are growing, and that will help Palantir to achieve its long-term goals.Reddit investors are also noticing; PLTR consistently ranks among the most discussed stocks on r/WallStreetBets. Therefore, you cannot rule out Palantir as the next big meme stock champion.Siga Technologies (SIGA)Moderna (NASDAQ:MRNA) was once a small pharmaceutical company. However, it made headlines after developing a vaccine to combat Covid-19, and its growth story continues today. Moderna’s story is a reminder of the importance of a seminal event in a company’s fortunes. While the company was already doing important work before the pandemic, it was the development of a vaccine that made Moderna a household name. In today’s global economy, adapting to change and seizing opportunities are essential for success. Moderna is a prime example of a company that has done just that.Many investors believe Siga Technologies (NASDAQ:SIGA) can follow a similar trajectory. The reason is monkeypox, an ongoing epidemic that has infected about 50,000 people as of this writing. Siga has a treatment for monkeypox that the U.S. Centers for Disease Control and Prevention (CDC) has made available under 「compassionate use.」 Siga shares are up more than 130% this year as people became hopeful about its success.The fate of SIGA shares will ultimately be decided by whether monkeypox becomes a big enough crisis like Covid-19. If that happens, we can expect Siga to become a multibagger, as it will help solve a global healthcare issue. It’s a risk, but that is the very nature of Reddit investing, which is why you cannot discount SIGA Technologies as the next meme stock champion.Nio (NIO)Nio (NYSE:NIO) is an electric vehicle (EV) company that has emerged recently with the potential to challenge Tesla. It has a close affiliation with the Chinese government, which gives it a huge advantage. China is the largest EV market, and Nio’s connection to the Chinese government is worth its weight in gold. Nio has already made a name for itself in China and is now expanding globally.Nio is growing in international markets. It had a successful launch in Norway last year and is set for more releases in Germany, Denmark, the Netherlands and Sweden this coming year. Furthermore, it has plans to enter the American market by 2025. Nio’s expansion into these markets shows that it is looking to reduce its reliance on the Chinese market and become a global company.Recently, Nio has been facing headwinds due to the broader supply chain issues affecting the world economy and China’s zero-Covid approach, which led to the closure of several major Chinese cities. However, a recent stimulus package by China shows that things are changing in the aftermath of an energy crisis.Apart from these broader macroeconomic factors, Nio bulls have other reasons to rejoice. The EV maker has developed a unique battery-swapping system that allows drivers to extend the range of their vehicles. Nio also offers a wide range of self-driving features, making it one of the leading companies in autonomous driving technology. As the electric vehicle market grows, Nio is positioned as a major player.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}