Buy This, Not That: Meme Stock Mania Strikes Again | SPONSORED | | Elon’s Next Move Could Turn Him Into America’s Biggest “Super Villain?” Elon Musk has already taken public shots at Trump… But what he’s planning next could hit a lot harder. Not just for Trump… But for every American… So much so that Elon's biggest supporters could soon call him a "traitor." Click here to see what’s coming. | | | | | Shah Gilani Chief Investment Strategist | The meme stock crowd struck again yesterday. Kohl's - yes, the department store - exploded 37.62% higher in a single trading session. Why the massive move? Simple: 66% of the company's floating shares had been shorted. When Reddit traders discovered this juicy target, they pounced with call options and buying pressure. The result was a classic short squeeze that sent the stock rocketing from around $10 to over $14 in one day. But here's the thing... Kohl's fundamentals are absolutely terrible. We're talking about a company with... - A measly 0.75% profit margin
- $7.37 billion in debt versus just $153 million in cash
- A dividend they have to borrow money to pay
So while retail traders may have had a great day, this isn't an investment. It's pure speculation. If you want exposure to the retail space, there's a much smarter play that has $23 billion in revenue, sustainable cash flow, and a real 6% dividend yield... Click here or on the thumbnail below to get the full story in this week's Buy This, Not That. Cheers, Shah Want more content like this? | | | | | |
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