The record-setting bull run from the April tariff-related lows, which some have labeled the most-hated V-shaped recovery, has drawn comparisons to the 1999 Dot-Com Crash. It has also reignited meme mania, but which are the best meme stocks to buy now?
What are Meme Stocks?
A meme stock refers to a publicly listed company that is trending among retail traders on social media. Reddit and Telegram channels are among the favorite social media platforms for retail traders to engage in social trading, in-depth discussions, and short-term price speculation.
Trading in meme stocks is like a pump-and-dump scheme, which is illegal, but so far, regulators have tolerated the meme craze. Retail investors band together and agree to buy a beaten-down stock, often a well-known penny stock with high institutional short interest. It has created massive market volatility and, in some cases, sparked a short squeeze.
Why Should You Consider Buying Meme Stocks?
Meme stocks trade at depressed levels for a reason, and traders should understand why their share prices are where they are.
Here are some criteria to consider:
A well-known company that played a role in the life of traders, especially growing up (for example, Krispy Kreme, Avis, and GameStop).
A high interest by retail traders on social media.
Follow popular social media channels and try to catch the first wave of buy orders.
Ensure you place a stop-loss order when you enter a buy order.
Only use capital that you can afford to lose.
What are the Downsides of Meme Stocks?
Meme stocks are high-risk, short-term gambles, and many institutional traders heavily short them. Traders can lose their capital in a matter of seconds if they enter at the wrong time. Meme stocks experience excessive volatility, characterized by sharp rallies and even sharper selloffs. They often suffer from depressed share prices and are mostly penny stocks trading below $5 per share.
Here is a shortlist of attractive meme stocks:
Allbirds (BIRD)
Myseum.AI (MYSE)
Zumiez (ZUMZ)
NIO (NIO)
Enovix Corporation (ENVX)
An Update on My Previous Best Meme Stocks to Buy Now
In my previous installment, I highlighted the upside potential of GameStop and Trump Media & Technology Group.
GameStop (NYSE:GME) - A long position in GME between $21.69 and $22.36.
GME rallied nearly 17%, and my stop-loss triggered at $25.25, closing my position for a profit just shy of 12%.
Trump Media & Technology Group (NASDAQ:DJT) - A long position in DJT between $8.31 and $8.63.
DJT surged by over 23% before retreating, and my stop-loss triggered at $10.00, resulting in a profit exceeding 17%.
Allbirds (NASDAQ:BIRD) Fundamental Analysis
Allbirds (NASDAQ:BIRD) sold its shoe business, trademarks, and balance sheet to American Exchange Group for $39 million on March 30th 2026, and plans to use the proceeds to pivot towards offering computing infrastructure for artificial intelligence. It has plans to rename itself to NewBird AI.
So, why am I bullish on Allbirds following its massive 875%+ rally and 72%+ plunge?
While Allbirds’ pivot from footwear to AI through GPU-as-a-Service (GaaS) lacks technical expertise, and the market reaction remains pure speculation on future AI growth potential in the supply-constrained AI compute market, I am taking a highly speculative long following its washout amid a $50 million financing deal to acquire high-performance GPUs. The market is ready, and the move could be immediately positive for revenue.
Metric | Value | Verdict |
P/E Ratio | Unavailable | Bearish |
P/B Ratio | 1.70 | Bullish |
PEG Ratio | Unavailable | Bearish |
Current Ratio | 2.02 | Bullish |
Return on Assets | -31.50% | Bearish |
Return on Equity | -112.33% | Bearish |
Profit Margin | -50.69% | Bearish |
ROIC-WACC Ratio | Negative | Bearish |
Dividend Yield | 0.00% | Bearish |
Allbirds Fundamental Analysis Snapshot
The Allbirds price-to-earnings (P/E) ratio is unavailable.
The average analyst price target for Allbirds is $11.10. This suggests excellent upside potential with acceptable downside risks.
Allbirds Technical Analysis
Allbirds Price Chart
The Allbirds D1 chart shows price action between its descending 0.0% and 38.2% Fibonacci Retracement Fan levels.
It also shows Allbirds breaking out above a crucial horizontal support zone.
The Bull Bear Power Indicator is bearish with an ascending trendline, nearing a bullish crossover.
My Allbirds Long Stock Trade
BIRD Entry Level: Between $6.55 and $7.02
BIRD Take Profit: Between $11.10 and $12.50
BIRD Stop Loss: Between $4.66 and $5.40
Risk/Reward Ratio: 2.41
Myseum.AI (NASDAQ:MYSE) Fundamental Analysis
Myseum.AI (NASDAQ:MYSE) is a private messaging, cybersecurity, and social media company focused on privacy. It rebranded to Myseum.AI on April 15th, 2026, after integrating AI.
So, why am I bullish on Myseum.AI despite the massive volatility?
Myseum.AI followed Allbirds (NASDAQ:BIRD) with its pivot to AI, and announced that it will develop privacy-first, agentic, localized AI agents to help users manage personal media while maintaining privacy. MYSE added that its personalized AI assistant will learn from individual user actions but does not share that information with traditional AI models. I am bullish as there is a rising niche market for privacy-focused AIs.
Metric | Value | Verdict |
P/E Ratio | Unavailable | Bearish |
P/B Ratio | 2.32 | Bullish |
PEG Ratio | Unavailable | Bearish |
Current Ratio | 4.29 | Bullish |
Return on Assets | -54.60% | Bearish |
Return on Equity | -96.90% | Bearish |
Profit Margin | 0.00% | Bearish |
ROIC-WACC Ratio | Negative | Bearish |
Dividend Yield | 0.00% | Bearish |
Myseum.AI Fundamental Analysis Snapshot
The Myseum.AI price-to-earnings (P/E) ratio is unavailable.
The average analyst price target for Myseum.AI is $4.16. This suggests excellent upside potential with reasonable downside risks.
Myseum.AI Technical Analysis
Myseum.AI Price Chart
The Myseum.AI D1 chart shows price action between its descending 0.0% and 38.2% Fibonacci Retracement Fan levels.
It also shows Myseum.AI inside a vital horizontal support zone.
The Bull Bear Power Indicator is bearish with an ascending trendline.
My Myseum.AI Long Stock Trade
MYSE Entry Level: Between $2.60 and $2.83
MYSE Take Profit: Between $3.95 and $4.16
MYSE Stop Loss: Between $1.95 and $2.17
Risk/Reward Ratio: 2.08
Caution on Meme Stocks
Please remember the high-risk nature of trading meme stocks. They are highly volatile, face balance sheet and operational issues, and can wipe out portfolios in a few seconds. Some meme stocks can swing 50% to 100% in short periods without any actual corporate developments.
Ready to trade our analysis of the best meme stocks? Here is our list of the best stockbrokers worth reviewing.