The past few years have revealed an explosion in meme trading, drawing in a new demographic of retail investors who often prioritize momentum over fundamentals.
It's essential for long-term investors to remember that the recent short squeezes are not typical events, and using fundamentals should remain a priority when choosing stocks.
Among the popular meme stocks discussed, only one stands out as a potential buy for investors willing to navigate the volatile landscape of the market.
Palantir Technologies has shown a remarkable increase in stock value following strong earnings and an optimistic outlook, which highlights its potential for growth despite market fluctuations.
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