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Top Meme Stock for 2022 馃殌 - YouTube
Channel: Your Trade Of The Day
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take that reddit the biggest meme聽
stock winner of 2022 is coming at you聽聽
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all right hey everyone welcome back to trade talk聽
tuesday today we're going to address one of the聽聽
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biggest questions that i've gotten over the last聽
two three months and that is what's going to be聽聽
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the biggest meme stock winner of the year聽
2022. well today we're going to dive right聽聽
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in and i'm going to tell you what i think聽
that winner will be before i begin though聽聽
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like subscribe to the channel click below it's聽
all free it's all coming right to you so let's聽聽
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get going how do you guys predict today's most聽
popular trends now as you guys know meme stocks聽聽
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were an at-home trader's revolution in the聽
year 2021 but you know what lately not so much聽聽
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pull up this chart check this out right as you聽
can see from this chart meme stocks have fallen聽聽
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off a cliff now that we've started the year 2022.聽
so today we're going to follow some of the market聽聽
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breadcrumbs and i'm going to lead you to what i聽
think is the next great meme stock for the year聽聽
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2022. everything that's happened in 2021 that's聽
over that chart says like that play is done let's聽聽
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get ahead of the next big meme stock trend we're聽
talking trends how on earth can i claim that聽聽
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i'm going to know what's going to be the next聽
great best meme stock well i'll tell you why聽聽
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look at my track record remember april 28th of聽
2020 well right here in trade talk tuesday is聽聽
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when i recommended amc entertainment i recommended聽
this stock for three dollars per share and if you聽聽
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actually remember back this was even before聽
meme stocks were a thing nobody was talking聽聽
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about them they weren't even called meme stocks聽
at the time but i was the first to recommend it聽聽
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right here in trade talk tuesday three bucks a聽
share and then what happened pull up that chart聽聽
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yeah yeah see that amc went from three all the聽
way to above 60 bucks explosive winner so when聽聽
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people say like what's the next meme stock well聽
i did it with amc and let's do it again right now聽聽
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passes everybody of course i don't have a real聽
crystal ball so there is this is nothing more than聽聽
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my own independent research and my own analysis聽
but here's what i think okay in my opinion the聽聽
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biggest mean stock winner of 2022 is gonna be聽
found in the rental car sector so here's again i'm聽聽
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gonna give you a quick overview right the rental聽
car market right now is around 56 billion dollars聽聽
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annually in the spring of 2020 you know what聽
happened covet started and the entire rental聽聽
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car industry was basically in a state of collapse聽
people stopped traveling there was just this huge聽聽
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glut of cars and the supply of rental cars聽
was way higher than demand so as a result聽聽
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you had econ 101 prices plummeted right so just聽
to remain afloat the major rental car company聽聽
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sold off hundreds of thousands of vehicles i聽
mean hertz specifically filed for bankruptcy聽聽
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and this basically left two rental car companies聽
operating on the market was which was avis budget聽聽
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and enterprise rent rent the car which is an聽
enterprise is private you can't trade them right聽聽
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but then something amazing and something really聽
unforeseen started to happen okay you started聽聽
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to have a chip shortage that impacted new car聽
production at the same time travel as covid聽聽
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kind of came to an end travel started to pick聽
up again so that supply demand balance that was聽聽
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terrible during coven flipped and then all of聽
a sudden used cars were all of a sudden scarce聽聽
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i mean after sitting idle on a lot for a year and聽
not depreciating due to wear and tear used cars聽聽
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started to actually increase in value so now due聽
to the coronavirus crisis and the chip shortage聽聽
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rental car prices have surged it's unbelievable聽
right like ava's budget group they just reported聽聽
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amazing earnings and the stock blasted i mean聽
pull up this chart avis went from 50 all the way聽聽
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up to 350 a share i mean it was one of the best聽
stock market performers in all of 2021 i mean聽聽
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amazing chart right so here's the thing i'm not聽
going to recommend ava's budget right now no the聽聽
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better play right now is hertz and here's why the聽
mean traders have already pushed up avis budget聽聽
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but for less than 20 a share i believe hertz聽
is going to be their next target so i already聽聽
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mentioned that they filed for bankruptcy during聽
covet right well looking back this was actually聽聽
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a blessing in disguise because during bankruptcy聽
they got it together they reorganized they cleaned聽聽
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up their balance sheet and now they have very聽
minimal debt and at the same time they entered聽聽
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into a bunch of profitable initiatives one of聽
them was to purchase 100 000 teslas by the end聽聽
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of 2022 and then they also had a great deal with聽
carvana to sell their used cars with them so聽聽
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now what happens today hertz has come out of聽
bankruptcy in better shape than ever before and as聽聽
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luck would have it at the same time that they're聽
coming out of bankruptcy the rental car industry聽聽
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has never been more profitable so what was once聽
this dysfunctional oligopoly with no pricing power聽聽
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is now a functional oligarchy with tremendous聽
pricing power i mean if mean stock traders pick聽聽
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up on hurts just like they already did with ava's聽
budget then hertz could become the biggest meme聽聽
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stock winner of 2022. the numbers are in and the聽
trends of today have been cast and that's why i聽聽
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like it hurts ticker symbol htz it's a buy right聽
now i'm on record i'm calling the biggest meme聽聽
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stock winner of 2022. there it is there's your聽
trade talk tuesday episode for today if you liked聽聽
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this pic and you want more picks then click that聽
link below and get my newest picks every wednesday聽聽
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afternoon and that's it as always i'm brian聽
stop hating start trading cue my exit music
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