I wouldn’t personally recommend relying on social media sensations to make investment decisions. Nor would I suggest putting yourself at the mercy of a group of meme stock investors with enough capital to manipulate a low-value stock. That being said, the best meme stocks to buy are those that have the potential to get social media treatment but haven’t yet.

In other words, timing your buys of meme stocks before they achieve meme status is critical to benefiting from the coming short squeeze tactics that result in a skyrocketing price. However, there’s no guarantee that the stocks listed in this article will become the next GameStop (NYSE:GME) or AMC Entertainment (NYSE:AMC) so take that as you will before investing in them.

Moreover, as a general disclaimer, this form of investing does not focus on the long-term potential of a company, but rather the short-term opportunity of crowdfunding market manipulation. Thus the risks are on the high end of the spectrum when considering the style of investing.

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SunPower (SPWR)

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With all the makings of the best meme stocks, SunPower (NASDAQ:SPWR) could be the online investing community’s next big target. With 88.66% of its stock shorted right now, the opportunity for a large group of well-funded meme investors to create a short squeeze is high. Furthermore, Sunpower has both a catchy name and a mission that meme investors might find interesting enough to stand behind.

That’s because the company represents America’s largest provider of residential solar energy. Despite its noble purpose, the company has struggled to generate value for shareholders and has lost 70% of its value in the last 12 months.

Another aspect of the stock’s characteristics that could draw a meme movement is its low share price. Hovering around $3.40, its price would allow individual investors to band together and use their collective capital to buy and spike its value.

MicroCloud Hologram (HOLO)

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I’m sure at one point or another we’ve all wondered if the kind of holograms we see in Star Trek and Star Wars are possible. Well, MicroCloud Hologram (NASDAQ:HOLO) has set out to answer just that question. The stock has performed surprisingly well recently despite shorting interest and an excessive loss of value of 60% over the last six months.

At the moment, about 68.44% of its shares are short. What’s more, at a share price of roughly $1.50 with 1.8 million outstanding shares, the company could be easy to manipulate on the market.

Investors should be careful of trying to ride a meme wave on this one, however, as it’s already in dire condition and has little to show for as far as long-term potential is concerned. Thus while it could potentially become one of the best meme stocks in the future, it’s exceptionally risky for now.

Children’s Place (PLCE)

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If this was any other kind of article, I would recommend staying away from Children’s Place (NASDAQ:PLCE). However, as far as meme stocks go, this one could be a viral gamma wave in the making. The specialty retailer for baby and children’s clothes has wiped away all of the gains it made since going public in 1997 and is now down 17% from its IPO price.

As a result, 61.58% of its stock is shorted, with a current trading price of around $13. While this company is substantially larger than the other two in this article, its name, and reputation in the retail space could lead to a viral moment for investors.

Moreover, PLCE is successfully courting new financiers and could make a comeback if it plays its cards right and improves its reach and liquidity. Thus, the stock could be worth holding for the long run even if a short squeeze never occurs.

On the date of publication, Viktor Zarev did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Viktor Zarev is a scientist, researcher, and writer specializing in explaining the complex world of technology stocks through dedication to accuracy and understanding.

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