Published on 22 Feb 2024 on Insider Monkey via Yahoo Finance
13 Best Short Squeeze Stocks To Buy Now
In this piece, we will take a look at the 13 best short squeeze stocks to buy now. If you want to skip our primer on short squeezing, and some of the greatest short squeezes in history, then you can take a look at the 5 Best Short Squeeze Stocks To Buy Now.
Short selling is one of the most controversial aspects of the stock market. After all, investing is typically thought to be a 'value creating' endeavor, where both retail and professional players engage in trading to pick the right stock and make millions if not billions of dollars.
On the flip side, short selling comes with the aim of profiting from the drop in share price. Those who argue in its favor belief that it allows market players to exploit weaknesses and be rewarded for their actions. A rather controversial practice short sellers benefit when the shares of a firm, such as the well known U.S. green vehicle designer Nikola Corporation (NASDAQ:NKLA) or the Indian business conglomerate Adani Enterprises Limited (NSE:ADANIENT.NS), drop in value. Yet, this same drop harms existing investors as well, an occurrence that ensures that short selling will remain controversial as long as the stock markets continue to exist.