These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now

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These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
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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.

GameStop's short-squeeze, in-part led by the Wall Street Bets crowd, led to a more than 50% drawdown in multi-billion dollar hedge fund Melvin Capital. Meanwhile, the sharp rally in struggling movie theater chain AMC Entertainment caused billions of dollar in losses for short-sellers in May and June.

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

These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
Hot molten steel in a blast furnace. Lukas Kabon/Anadolu Agency via Getty Images

9. Virgin Galactic

Ticker: SPCE
Wall Street Bet Mentions Over Past 24 Hours: 124
Market Capitalization: $10.7 billion

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These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
A Virgin Galactic spacecraft attached to its carrier vehicle, WhiteKnightTwo. Virgin Galactic

8. BlackBerry

Ticker: BB
Wall Street Bet Mentions Over Past 24 Hours: 145
Market Capitalization: $7.0 billion

These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
BlackBerry shareholder J.P. Moczulski/Reuters

7. Palantir

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Ticker: PLTR
Wall Street Bet Mentions Over Past 24 Hours: 192
Market Capitalization: $46.9 billion

These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
Arnd Wiegmann/Reuters

6. Clean Energy Fuels

Ticker: CLNE
Wall Street Bet Mentions Over Past 24 Hours: 196
Market Capitalization: $2.0 billion

These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
Clean Energy Fuels

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5. SoFi

Ticker: SOFI
Wall Street Bet Mentions Over Past 24 Hours: 227
Market Capitalization: $13.9 billion

These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
Facebook/SoFi

4. GameStop

Ticker: GME
Wall Street Bet Mentions Over Past 24 Hours: 275
Market Capitalization: $14.4 billion

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These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
Queue in front of Gamestop store in Christmas atmosphere in Milan during coronavirus emergency, Milan, Italy, on November 03 2020. Mairo Cinquetti/NurPhoto/Getty Images

3. ContextLogic

Ticker: WISH
Wall Street Bet Mentions Over Past 24 Hours: 289
Market Capitalization: $7.7 billion

These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
Wish CFO Rajat Bahri. Wish

2. AMC Entertainment

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Ticker: AMC
Wall Street Bet Mentions Over Past 24 Hours: 297
Market Capitalization: $26.1 billion

These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
Noam Galai/Getty Images

1. Clover Health

Ticker: CLOV
Wall Street Bet Mentions Over Past 24 Hours: 468
Market Capitalization: $4.3 billion

These are the top 10 meme stocks Reddit's Wall Street Bets is talking about right now
Chamath Palihapitiya, Founder and CEO of Social Capital LP, speaks at the Sohn Investment Conference in New York on May 4, 2016. REUTERS/Brendan McDermid

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