Simply put, “boomer stocks” are what is considered on the internet to be the exact opposite of meme stocks. “Boomer stocks” is Reddit’s /r/wallstreebets’ way to referring to traditional value stocks.
Companies which are considered “boomer” in the eyes of redditors must simply deliver two of the exact opposite things that investors look for: stability, profitability and, if possible, good dividends.
The expression is used as an insult because it goes against the subreddit’s mentality of the forum’s infamous YOLO type of investment strategy. As /r/wallstreetbets and other like-minded subreddits grew on the backs of all-in, YOLO strategies, what caught the internet’s interest was, in fact, how these investments turned out (be that “gains” or “loss porn”).
As such, a “boomer stock” is not particularly interesting to reddit users. Even if there is absolutely nothing wrong in investing in them, and regardless of their performance, reddit users will snub these companies simply because of the low risk and low rewards they entail to whoever is investing in them.
A “boomer stock” will also exactly mirror the behavior of reddit’s /r/wallstreetbets top picks for investing (or meme stocks).
There is a low probably that a “boomer stock’s” gains will reach double digits in a single trading session as they are stable, mid to long-term investments.
As opposed to that, “meme stocks” will experience heavy volatility and occasionally have extremely high gains during trading sessions.
This rollercoaster type of effect is quintessential in the way investments are done in Reddit’s biggest and most active online community: /r/wallstreetbets.
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