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4 Heavily Trending ETFs on Reddit That Are Rated ‘Strong Buy’ in the POWR Ratings -Breaking

by Mike Robinson

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© Reuters. Reddit’s 4 Most Trending ETFs Are Rated Strong Buy in the POWR Ratings

Redditors’ interest drove red-hot rallies by several stocks this year irrespective of their fundamentals. So, we think heavily trending ETFs on Reddit, SPDR S&P 500 ETF Trust (SPY), Vanguard Index Funds – Vanguard Total Stock Market ETF (VTI), Vanguard S&P 500 ETF (VOO), and Invesco QQQ Trust (QQQ), could be solid additions to one’s portfolio. In our proprietary rating system, they have an A (Strong buy) rating. Keep reading. Some well-known meme stocks GameStop Corp . (NYSE:) and AMC Entertainment Holdings, Inc. (NYSE:) are up 683.9% and 1,055.7% in price, respectively, year-to-date, representing retail investors’ power.

The Verge reported that Reddit had more than 366,000,000 posts, nearly 46 billion votes, and 2.3 billion comments. Reddit is a popular platform for sharing information about securities. However, not all of the securities are fundamentally strong, but some have been popularized because they serve valid business reasons.

Quality ETFs SPDR S&P 500 ETF Trust (SPY), Vanguard Index Funds – Vanguard Total Stock Market ETF (VTI), Vanguard S&P 500 ETF (VOO), and Invesco QQQ Trust (QQQ) are heavily trending on Reddit. They also have an A rating (Strong Buy), according to our POWR Ratings. It could make sense to place a bet now.

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