Best Reddit Stocks to Buy

Best Reddit Stocks to Buy
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Best Reddit Stocks to Buy: Analysing 6 different stocks trending on Reddit now

Best Reddit Stocks to Buy: AMC Entertainment Holdings Inc

Performance Overview :

1 Day
5 Day
1 Month
6 Months
1 Year
-3.32%
-20.32%
-38.67%
-47.39%
+495.26%

Financial Parameters :

Market Cap
$ 10 Billion
Share Volume
$ 5.69 Million
Average Share Volume
$ 6.7 Million
Forward P/E (1 Year)
-7.68
P/E Ratio
-1.28
52 Week High/Low
$ 72.62/$ 2.13
Earnings per share (EPS)
$ -8.78

Latest News :

As Amc Being an entertainment Company The Movie Spiderman no-way home helped this stock to grow more after the pandemic. Amc Stock is squeezed in the pandemic due to temporarily closure of the theatres. because of the positive progression in the Covid-19 treatments, allowing Amc to re-open 950 theatres.

The CEO of Amc Adam Aron goen public stating the sale of $ 7.1 Million worth of Amc stock. Aron has sold about $ 42 million worth of stocks from Amc, Now he admits it and says he’s done selling. The Stock price is down to a 8 months low and falls on consecutive days after the press release on this sell-off news.

Analyst’s Recommendation :

Price Targets for next 12 months.

Target Price
$6
$8

As the stock is in no position to recover in 2022, as there is no signs of growth in the horizon, based on the current consensus among the analyst’s the recommendation is to sell. This rating has been unchanged and remained constant from past 2 months.

Best Reddit Stocks to Buy in 2022: GameStop Corp

Performance Overview :

1 Day
5 Day
1 Month
6 Months
1 Year
-2.96%
-18.70%
-32.74%
-39.08%
+168.52%

Financial Parameters :

Market Cap
$ 8.9 Billion
Share Volume
$ 3.8 Million
Average Share Volume
$ 7.6 Million
Forward P/E (1 Year)
-65.90
52 Week High/Low
$ 483.00/$ 33.05
Earnings Per Share (EPS)
$ -2.06

Latest News :

GameStop a video game retailer company has entered into the Non-Fungible Tokens (NFT) market space. allows it’s investor’s to buy, sell or trade in NFT’s of video game items which includes in-game purchases like weapons, player Avatars etc. This NFT project is powered by Ethereum and also the company is building a team on it’s own for this NFT project.

The Former CEO of GME George Sherman has retired and Matt Furlong has taken charge as the new CEO in june 2021. Under the new leadership the company is looking forward to step up more into digital sales. The technological advancement in gaming industry has became a threat to GameStop as the customers are directly downloading the games rather than buying it from the retail stores. because of this the company is facing serious pressure, as to increase the capital and to raise the stock price, GameStop sold 5 million shares in market offering and raised almost $ 1.3 billions.

Analyst’s Recommendation :

Price Targets for next 12 months.

Target Price
$45
$34

considering the high uncertainty and volatility of the stock, analyst’s estimate the risk tolerance level as slightly conservative. The overall analyst recommendation is to sell.

read: AMC Stock Forecast 2022

Also read: GME STOCK FORECAST

Best Reddit Stocks to Buy in 2022: Moderna Inc

Performance Overview :

1 Day
5 Days
1 Month
6 Months
1 Year
-2.00%
-17.06%
-33.83%
-41.68%
+46.29%

Financial Parameters :

Market Cap
$ 83 Billion
Share Volume
$ 10 Million
Average share Volume
$ 12.69 Million
P/E Ratio
12.55
Forward P/E (1Year)
7.78
52 Week High/Low
$ 497.49/ $117.34
Earnings per share (EPS)
$ 16.31

Latest News :

Moderna Inc a pharma company, Recently said that a booster dose of their Covid-19 vaccine proved to be protective against omicron variant in laboratory testing. though the company still plans to develop a vaccine specifically to protect against omicron. Moderna is looking forward to improve their sales in 2022. And expected record of sales are about $18.5 billion from it’s contracts of Covid-19 and another $3.5 billion from additional purchases. The company is looking for more additional contracts in 2022.

In December, 2021 Japan has approved Moderna Inc’s Covid-19 vaccine for it’s booster shot programme. The health ministry experts of japan said that Moderna’s MRNA shot could be used as third or booster shot for the people ages 18 and above.

According to a study Moderna’s Covid-19 vaccine proves to be 87% effective against infection, 98% against hospitalization and 95% against death. From a research published by Lancet regional health- Americas Journal, says the MRNA vaccine of Moderna is highly effective 5 months, After the second jab.

Analyst’s Recommendation :

Price Targets for next 12 months.

Target price
$ 304
$312

As the company has a promising outlook for 2022, Analyst recommend it as a Buy. This rating was unchanged and remained constant since January 2021.

Best Reddit Stocks to Buy in 2022: Microsoft Corporation

Performance Overview :

1 Day
5 Days
1 Month
6 Months
1 Year
+1.79%
-3.66%
-3.70%
+11.21%
+42.34%

Financial Parameters :

Market Cap
$ 2328 Billion
Share Volume
$ 39 Million
Average Share Volume
$ 28 Million
P/E Ratio
34.7
Forward P/E ( 1 year)
33.98
52 Week High/Low
$ 349.67/ $ 212.03
Earnings per share (EPS)
$ 8.94

Latest News :

Microsoft had a positive growth in 2021 and also started off well with a good price of $334 in January 2022. In the recent times Microsoft has introduced a new walkie talkie feature in it’s communication platform Microsoft teams. This feature allows the users to connect through audio by pressing and holding the microphone button, to stop simply unhold and release the microphone button. this feature helps the users to respond to the teammates very quick.

The new Xbox series S and Xbox series X have already surpassed the sales of previous versions of Xbox. Because of the global chip shortage the availability of Play station 5 has been short, Which resulted in increased demand of Xbox.

In recent event, Microsoft CEO Satya Nadella said that, Microsoft has been building a project through metaverse, Which allows the customers and enterprise to access the metaverse. Microsoft made a collaboration with Qualcomm to produce custom chips. Microsoft is testing a dedicated games panel with in edge browser, as the Edge ranked as the better browser than Firefox in browser rankings 2021.

Analyst’s Recommendation :

Price Targets for next 12 months.

Target price
$ 370
$375

Based on the recent consensus the investment recommendation by analyst’s is to Buy. this rating was unchanged and held steady since over the year.

Best Reddit Stocks to Buy in 2022: Roblox Corp

Performance Overview :

1 Day
5 Day
1 Month
6 Months
1 Year
-1.40%
-15.70%
-22.86%
-3.92%
+9.54%

Financial Parameters :

Market Cap
$ 45 Billion
Share Volume
$ 18 Million
52 Week High/Low
$ 141.60/ $ 60.50
Forward P/E (1 Year)
-89.83
P/E Ratio
N/A

Latest News :

As Everyone in the tech world is looking forward for the metaverse. Roblox can be a metaverse growth stock in 2022. Roblox a gaming company which is evolving from gaming to social, advertising, commerce, education & entertainment.

Roblox has generated most of it’s wealth from north America and Canada in the year 2021. In percentage 68% from US 7 19% from Canada, And also the active users of roblox belongs to 9-12 years. Roblox stock price is surged when this news came out, that they are going to re-built a china app. Roblox is willing to make investments to re-build the localized version of it’s platform.

Analyst’s Recommendation :

Price Targets for next 12 months.

Target Price
$123
Tips Rank
$113

Based on the volatility and chart movement Analyst recommend it as a Buy. this rating has held steady and unchanged from January.

Best Reddit Stocks to Buy in 2022: Upstart Holdings Inc

Performance Overview :

1 Day
5 Day
1 Month
6 Months
1 Year
-2.26%
-14.47%
-18.30%
-6.81%
+97.92%

Financial Parameters :

Market Cap
$ 9 Billion
Share Volume
$ 4.9 Million
Average Share Volume
$ 5.3 Million
P/E Ratio
138.89
Forward P/E (1 Year)
113.38
52 Week High/Low
$ 401.49/ $42.51
Earnings per share (EPS)
$ 0.80

Latest News :

Upstart an AI based financial lending platform Announced the partnership with AgFed Credit Union, Which is an Washington DC based financial company. The target is to increase the quality of service and expand the business to serve more people by providing personal loans.

AgFed will be the referral network for Upstart. The company has also announced it’s partnership with National banks Association (NBA), to give credit to the Minority-owned depository institutions(MDI). Upstart will offer MDI’s the ability to provide smaller amount loans with short-term setbacks to their communities.

Analyst’s Recommendation :

Price Targets for next 12 months.

Target Price
$270
$250

Based on the analyst rating from past 3 months, it is one of the best Reddit stocks to Buy.

-Rakesh Atla

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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