Should Investors Buy Meme Stocks?

Before choosing to invest in individual stocks, whether it’s a meme stock or even a high-quality stock, it’s important to determine your own financial goals

Ruth Saldanha 11 October, 2021 | 12:35PM Dave Sekera, CFA
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The concept of a meme stock is a new one, and there’s no single definition or official designation. Instead, a meme stock label is a part of the language of the internet. 

A meme is a way for social-media users to quickly communicate an idea, style, trend, or behavior, usually through a combination of an image and a catchphrase.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor, Morningstar.ca