It's paid to follow what stocks Reddit's Wall Street Bets crowd are talking about this year, as several have gone through epic rallies.
From GameStop in January to AMC Entertainment last month, the 10.6 million-member forum has driven the conversation in so-called meme stocks that have exploded higher amid overwhelming demand from retail investors. Strong demand for stocks with shaky fundamentals has led to several hedge fund blowups that were caught on the opposite side of the trade betting against the company in question.
As traders look to replicate the success of Wall Street Bets stocks, one data aggregator is compiling the most mentioned stocks on Reddit's forum.
These are the top 10 meme stocks Reddit's WallStreetBets forum is focused on right now, according to data compiled by SwaggyStocks. The list excludes mega-cap tech stocks and is based on mentions over the past 24 hours.
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10. Cleveland Cliffs
Ticker: CLF Wall Street Bet Mentions Over Past 24 Hours: 89 Market Capitalization: $10.3 billion
9. Virgin Galactic
Ticker: SPCE Wall Street Bet Mentions Over Past 24 Hours: 124 Market Capitalization: $10.7 billion
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8. BlackBerry
Ticker: BB Wall Street Bet Mentions Over Past 24 Hours: 145 Market Capitalization: $7.0 billion
7. Palantir
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Ticker: PLTR Wall Street Bet Mentions Over Past 24 Hours: 192 Market Capitalization: $46.9 billion
6. Clean Energy Fuels
Ticker: CLNE Wall Street Bet Mentions Over Past 24 Hours: 196 Market Capitalization: $2.0 billion
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5. SoFi
Ticker: SOFI Wall Street Bet Mentions Over Past 24 Hours: 227 Market Capitalization: $13.9 billion
4. GameStop
Ticker: GME Wall Street Bet Mentions Over Past 24 Hours: 275 Market Capitalization: $14.4 billion
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3. ContextLogic
Ticker: WISH Wall Street Bet Mentions Over Past 24 Hours: 289 Market Capitalization: $7.7 billion
2. AMC Entertainment
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Ticker: AMC Wall Street Bet Mentions Over Past 24 Hours: 297 Market Capitalization: $26.1 billion
1. Clover Health
Ticker: CLOV Wall Street Bet Mentions Over Past 24 Hours: 468 Market Capitalization: $4.3 billion
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