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As Meme Rally Fades, Are Meme Stocks Still A Buy Now?

As Meme Rally Fades, Are Meme Stocks Still A Buy Now?

Buying stocks just because they are rallying is a poor strategy. Meme stocks rallied last week after meme investor Keith Gill posted on X for the first time since the pandemic. AMC soared as much as 308% May 13-14 and GameStop gained 271% to the peak of the same two-day period.