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Forget AMC and Gamestop: 10 New Stocks Reddit’s WallStreetBets Is Buying

In this article, we will take a detailed look at some new stocks Redditors are buying. To skip this part and see the top 5 stocks in this list, click Forget AMC and Gamestop: 5 New Stocks Reddit’s WallStreetBets Is Buying.

A number of notable analysts now believe that the Federal Reserve would start cutting interest rates, albeit slowly, in the second half of 2024. But there are a few financial services firms that have a different opinion. T. Rowe Price, for example, in its 2024 market outlook report has said that it believes the central bank will hold interest rates steady next year. The firm said that it takes time to see the real effects of rate hikes. The Eurozone is already in recession and China’s post-COVID recovery was disappointing. However, the T. Rowe Price report said that the “tectonic” shifts in the global financial markets have created new opportunities for investors.

The report also said that in 2023 most of the stock market gains were concentrated in the tech sector. But T. Rowe Price is hopeful that 2024 would see new opportunities arise in other sectors, including healthcare and energy.

T. Rowe Price said that major economic stimulus after the COVID-19 pandemic and excess cash amassed by consumers provided a lot of support to the economy, which is why the market remained resilient despite incessant rate hikes. Another factor behind the market’s strength is the strong labor market. The report noted that as of the end of September 2023, there were 9.6 million open jobs available for the 6.4 million unemployed workers in the U.S.

Unlike many other financial services firms, T. Rowe Price does not believe there would be major rate cuts in 2024.

“As of late November, futures markets were pricing in four Fed rate cuts in 2024, anticipating that the U.S. central bank will ride to the rescue if the U.S. economy falls into recession. However, we believe the failure of the Fed and most other  developed market central banks to get ahead of inflation following the pandemic makes them more likely to keep policy rates at relatively high levels through much of 2024. Structural forces such as deglobalization, lower labor force participation rates, and energy price pressures also could make inflation stickier than in past economic slowdowns, further discouraging central banks from easing monetary policy.”

The Changing Retail Investing Landscape

The AI-led rally in 2023 had everyone swooning over major tech stocks and just about any company that said it would use AI in its business. Retail investors on Reddit, which is now keenly followed by even professional financial services firms, saw similar trends. Also, huge volatility and ever-changing situation of financial markets have infused a strange wisdom and composure in Reddit’s investing communities, where everyone is no longer just YOLOing their life savings into meme stocks. Redditors kept piling into safe, mature stocks and broader market ETFs this year, as we will see in this article.

Methodology

For this article, we scoured Reddit’s WallStreetBets subreddit to see which stocks retail investors on the social media platform have been piling into lately. These are the stocks that also remained trending on r/WallStreetBets throughout most of the year and have a positive sentiment on the platform. Some top names include Nvidia Corp (NASDAQ:NVDA), Meta Platforms Inc (NASDAQ:META) and Microsoft Corp (NASDAQ:MSFT).

10. Crispr Therapeutics AG (NASDAQ:CRSP)

Number of Hedge Fund Investors: 24

Retail investors at Reddit are excited about gene editing giant Crispr Therapeutics AG (NASDAQ:CRSP). The stock is up by about 57% year to date. During the third quarter, Crispr Therapeutics AG’s (NASDAQ:CRSP) GAAP EPS came in at -$1.41, beating estimates by $0.57.

9. Lululemon Athletica Inc (NASDAQ:LULU)

Number of Hedge Fund Investors: 61

Lululemon Athletica Inc (NASDAQ:LULU) is one of the new stocks Reddit’s WallStreetBets has been talking about. Earlier this month Redditors were excited about Lululemon Athletica Inc’s (NASDAQ:LULU)  third quarter results which came in above expectations. Adjusted EPS in the quarter came in at $2.53, beating estimates by $0.25. Revenue jumped about 18.3% year over year to $2.2 billion, surpassing estimates by $10 million. Total comp. sales in the quarter increased by 13%. However, the stock fell as Lululemon Athletica Inc’s (NASDAQ:LULU) Q4 guidance was softer than expected.

As of the end of the third quarter of 2023, 61 hedge funds tracked by Insider Monkey had stakes in Lululemon Athletica Inc (NASDAQ:LULU). The biggest hedge fund stakeholder of Lululemon Athletica Inc (NASDAQ:LULU) was Andreas Halvorsen’s Viking Global which owns a $299 million stake in Lululemon Athletica Inc (NASDAQ:LULU).

Kinsman Oak Capital Partners made the following comment about Lululemon Athletica Inc (NASDAQ:LULU) in its first quarter 2023 investor letter:

“What is relatively new, however, is that we are beginning to see substantial write-downs and impairment charges. For instance, Lululemon Athletica Inc. (NASDAQ:LULU) is already exploring a sale of Mirror, the struggling fitness technology company it bought less than three years ago for half a billion dollars. Lululemon executives recently announced a $433 million impairment charge on the business (-89%). That is not an insignificant amount of money.”

8. SPY SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Number of Hedge Fund Investors: 82

Perhaps Reddit’s WallStreetBets has become quite mature and took the advice of wise investors who recommend piling into broader market funds for long-term gains.  SPY SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is in the list of the most-talked about and mentioned tickers in the WSB community as of December 8. Investing in broader market ETFs give retail investors easy and affordable exposure to big companies like Nvidia Corp (NASDAQ:NVDA), Meta Platforms Inc (NASDAQ: META) and Microsoft Corp (NASDAQ:MSFT).

7. Broadcom Inc (NASDAQ:AVGO)

Number of Hedge Fund Investors: 87

Redditors have been piling into stocks that are expected to gain on the back of the AI-fueled rally in the markets. Broadcom Inc (NASDAQ:AVGO) is one of these stocks. Broadcom Inc (NASDAQ:AVGO) recently gave guidance for 2024. Research firm Summit Insights Group upgraded the stock to Buy. While the firm thinks the stock could face headwinds in the first half of 2024, it believes Broadcom Inc (NASDAQ:AVGO) can outperform its outlook for the full year.

“We think the upcoming new product cycles will allow the company to drive financial outperformance in [the second-half of 2024],” Summit Insights said.

ClearBridge Multi Cap Growth Strategy made the following comment about Broadcom Inc. (NASDAQ:AVGO) in its Q2 2023 investor letter:

“While the ClearBridge Multi Cap Growth Strategy has limited mega cap exposure, which has been a recent headwind to relative performance, we own several companies that stand to benefit from the explosive growth in generative AI. These holdings play key roles in building out the necessary infrastructure and helping customers leverage capabilities enabled by this emerging technology.

Semiconductor and software solutions provider Broadcom Inc. (NASDAQ:AVGO), for example, is an important supplier of networking chips that power ethernet switches and routers for connectivity between AI servers. The company sees quarterly revenue from this part of their business exceeding $1 billion in their fiscal third quarter, on a trajectory toward doubling over the course of the year.”

6. Advanced Micro Devices, Inc (NASDAQ:AMD)

Number of Hedge Fund Investors: 110

Redditors on the WSB community cheered Advanced Micro Devices, Inc’s (NASDAQ:AMD) reveal of new MI300x AI accelerator which was also welcomed by the Wall Street. Advanced Micro Devices, Inc (NASDAQ:AMD) says its estimated total addressable market estimate is now roughly $400 billion by 2027, up from the $150 billion given in August. Deutsche Bank said the latest Advanced Micro Devices, Inc (NASDAQ:AMD) event shows Advanced Micro Devices, Inc (NASDAQ:AMD) remains well positioned to take advantage of the AI boom.

In our article titled “10 Stocks that will Skyrocket” in November, we said that it was just a matter of time Advanced Micro Devices, Inc (NASDAQ:AMD) caught up with Nvidia Corp (NASDAQ:NVDA) since Advanced Micro Devices, Inc (NASDAQ:AMD) has a history of speedy innovation and beating others in competition.

As of the end of the third quarter of 2023, 110 hedge funds had stakes in Advanced Micro Devices, Inc (NASDAQ:AMD).

Artisan Global Opportunities Fund made the following comment about Advanced Micro Devices, Inc. (NASDAQ:AMD) in its Q2 2023 investor letter:

“Among our top contributors were Advanced Micro Devices, Inc. (NASDAQ:AMD), NU Holdings and Netflix. AMD’s data center CPUs are used in the cloud service provider (CSP) servers. In addition to the broader secular tailwind from cloud adoption, the company has a performance and pricing advantage over Intel, which we believe will enable it to continue capturing market share. However, the recent stock price rally was due to growing excitement around the company’s AI exposure. It will launch its new MI300 graphics processing unit (GPU) chip later this year to compete against the dominant market leader NVIDIA. Similar to its approach that won market share from Intel within the CPU market, AMD’s product will aim to provide similar performance at a more attractive price. AMD is already working with Microsoft and Meta, while Amazon publicly stated that it is evaluating AMD’s inferencing chips. Using assumptions around the total GPU market size, potential market share gains and price points, our research indicates this could be a $20 billion opportunity for AMD. That would nearly double its revenue. While the company has not historically missed many deadlines, there is execution risk as it works to manufacture and distribute these complex chips at scale, which, combined with an elevated valuation after the stock’s strong performance run, led us to trim the position.”

Like AMD, Redditors are also piling into Nvidia Corp (NASDAQ:NVDA), Meta Platforms Inc (NASDAQ: META) and Microsoft Corp (NASDAQ:MSFT).

Click to continue reading and see 5 New Stocks Reddit’s WallStreetBets Is Buying.

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Disclosure. None. Forget AMC and Gamestop: 10 New Stocks Reddit’s WallStreetBets Is Buying was initially published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

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Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

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