Better Meme Stock: AMC or Sundial Growers?

Meme is the theme so far this year, as investors can’t seem to get enough of meme stocks. AMC Entertainment (NYSE: AMC) and Sundial Growers (NASDAQ: SNDL) stand out as two of the biggest winners.

AMC stock has absolutely exploded with a year-to-date gain of more than 2,500%. Sundial’s shares soared more than 500% by early February. Although the marijuana stock has fallen quite a bit since then, it’s still up more than 100% this year.

Which of these two meme stocks is the better pick now? Here’s how AMC and Sundial stack up against each other.

The case for AMC

Few companies were hit as hard by COVID-19 as AMC. The company closed most of its theaters around the world and its revenue nosedived. AMC was forced to furlough many of its workers and cut costs significantly in other ways, as well.

However, the worst definitely appears to be… Continue reading at the Fool.com

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