GameStop (GME) stock fell in after-hours trading following a bigger-than-anticipated drop in third-quarter revenue.
Despite the company achieving an operating income profit and showing significant gains in profitability, its stock has fallen about 5% after the bell.
As we look at the company’s results, below is a list of top meme stocks ranked according to their Seeking Alpha Quant Ratings. These stocks represent various market capitalizations and sectors, with performance metrics tracked year-to-date.
Seagate Technology (STX) and Carnival Corporation (CCL) top the list with Strong Buy ratings of 4.99 and 4.77 respectively. BlackBerry (BB) follows with a Buy rating of 4.46. The remaining stocks, including SoFi Technologies (SOFI), Eos Energy Enterprises (EOSE), American Airlines Group (AAL), and others, have Hold ratings between 3.30 and 3.48, indicating neutral market sentiment.
Seeking Alpha’s Quant Rating system grades stocks based on their relative performance across various critical quantitative measures. Each stock is rated on a scale from 1 to 5, with any rating above 3.5 considered bullish and any rating below 2.5 considered bearish.
Here is the list of meme stocks ranked by their Seeking Alpha Quant Ratings:
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Seagate Technology Holdings (STX), Quant Rating: 4.99, Strong Buy
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Carnival Corporation (CCL), Quant Rating: 4.77, Strong Buy
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SoFi Technologies (SOFI), Quant Rating: 3.48, Hold
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Eos Energy Enterprises (EOSE), Quant Rating: 3.44, Hold
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American Airlines Group (AAL), Quant Rating: 3.43, Hold
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Rocket Lab Corporation (RKLB), Quant Rating: 3.43, Hold
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Phathom Pharmaceuticals (PHAT), Quant Rating: 3.34, Hold
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Palo Alto Networks (PANW), Quant Rating: 3.34, Hold
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Bit Digital (BTBT), Quant Rating: 3.30, Hold