3 Meme Stocks to Buy for Multibagger Returns on Potential Rate Cut Rally
BITFBitfarms .(BITF) investorplace.com·2024-05-29 03:31

For investors who missed the meme stock rally of 2021, there seems to be another opportunity that’s brewing. Some of the popular meme stocks have surged in the recent past. It’s an indication of the point that the markets are warming-up for another round of euphoria.From a fundamental perspective, there is one factor that can act as a catalyst for a big meme stock rally. The fed is likely to initiate rate cuts in the second half of 2024 as GDP growth decelerates. Of course, the idea is to spur consumption a ...