S&P 500: 10 Meme Stocks Are Soaring Again (AMC And GameStop Aren’t On Top)
Here we go again: Meme stocks are taking off. But the big winners are a somewhat different group of stocks this time — and are beating the S&P 500.
Ten stocks in the Roundhill Meme ETF (MEME) — including MicroStrategy (MSTR), Peloton Interactive (PTON) and Coinbase (COIN) — are up 19% or more just this year so far, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. That’s well above the S&P 500’s 5% gain this year.