The so-called meme stock trade is gaining steam once again, and several of the most popular stocks among social media traders have serious upside, according to Wall Street analysts.
A quick way to check the pulse of social media-driven traders is the Roundhilll Meme Stock ETF (MEME) .
The meme stock with the most upside, according to Wall Street analyst targets compiled by FactSet, is battery manufacturer Enovix .
Airlines may not be obvious meme stocks, but Delta Air Lines and Spirit Airlines are both holdings in the fund.
To be sure, Wall Street analysts are bullish on fewer than half of the holdings in the MEME ETF.
Persons:
Enovix, Dave Portnoy
Organizations:
Wall Street, GameStop, AMC Entertainment, Wall, Penn Entertainment, Penn, Barstool Sports, YouTube, Airlines, Delta Air Lines, Spirit Airlines, Consumer