5 Reddit Stocks to Avoid Like the Plague

5 Reddit Stocks to Avoid Like the Plague
Sean Williams, The Motley Fool
·6 min read

Over the past month, retail investors on Reddit's WallStreetBets (WSB) chatroom have created unprecedented volatility in some of the most obscure stocks on Wall Street. Dozens of momentum-based short-sold or penny stocks have been whipsawed as a result. While some of these momentum stocks are still significantly higher than where they were before the Reddit frenzy began, the fact is that many have detached from their underlying (and often poor) fundamentals.