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3 Meme Stocks Under $10 Wall Street Predicts Will Rally by More Than 20% -Breaking

by Mike Robinson

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© Reuters. Wall Street predicts that 3 meme stocks will rally by more than 20%

Most meme stocks have three key characteristics: popularity on social media and high short interest. It is not easy to spot the best entry points so betting on these stocks is risky. However, we believe it would be worthwhile watching low-priced me stocks DiDi Global and TAL Education (TAL), as well Progenity (PROG). Wall Street analysts predict these stocks will rally more than 20% over the short term. Continue reading. The meme stock craze that began with an unprecedented short squeeze at GameStop Corporation and AMC Entertainment Holdings earlier this year has now entered a new phase. Retail stock traders are targeting smaller names than ever before.

The price of many meme stocks, which were trading earlier in the year at high levels, has fallen significantly. Retail traders are less interested in these speculative stocks. It is difficult to pinpoint the right entry point in these stocks which leads to high risk investing.

We believe it’s worth keeping an eye on the most recent meme stocks DiDi Global Inc., TAL Educational Group (NYSE:) and Progenity, Inc., (PROG). Wall Street analysts are expecting these lower-priced stocks to increase by 20% or more in the immediate future.

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