3 Best YOLO Stocks for October 2024

So you’ve got some cash to invest and need to know the best YOLO stocks to invest in. YOLO investing has major risks but the rewards can be life changing. Life is short and sweet so don’t be too afraid to take some risk and shoot for the stars. You can always use stop loss orders to limit your downside in case your investment tanks in value.

Top YOLO Stocks

AMC Theatres (NYSE: AMC)
Bed, Bath, and Beyond (NASDAQ: BBBY)
Gamestop (NYSE: GME)

AMC Theatres

AMC Theatres is top rated overall YOLO stock because the company is backed by hundreds of thousands of shareholders (aka APES) who own the stock and want to see the 100+ year old movie theatre chain survive.

AMC stock is heavily shorted and could soar big if a short squeeze happens. With over 500 million outstanding shares, AMC stock has enough float to soar in value as long as the company delivers on its turnaround plans.

AMC CEO Adam Aaron launched an investor connect program that provide perks for shareholders such as free popcorn and special access movie screenings.

AMC shares traded as high as $60 during the 2021 Short Squeeze saga and could soar again this year.

Popular Youtubers such as Meet Kevin are HODLing AMC stocks and the company is backed by over 450k followers on the AMC subreddit, amcstock.

Several major movie releases are being planned for this year’s holiday season including Black Panther 2 and Avatar 2.

In my opinion, AMC stock is the #1 best YOLO stock right now. Holding long shares is a great way to get started plus you can compound your returns by buying calls.

Bed, Bath, and Beyond

Bed, Bath, and Beyond is a retail chain that entered the mainstream news when Ryan Cohen bought a 9.8% stake in the company.

BBBY shares traded as high as $26 but have been crushed by short sellers who bet against the company. Now, retail investors took notice and have begun buying up the stocks in droves.

BBBY stock has a 47% short interest and could be considered Gamestop 2.0 if history repeats itself.

Gamestop

Gamestop is another one of my favorite YOLO plays thanks to Ryan Cohen buying a controlling stake and replacing top-level executives with newer, fresher faces.

The company performed a 3 to 1 stock split to reduce its stock price and has plans to grow its e-commerce sales. Gamestop launched an NFT marketplace too to position itself for the upcoming web 3.0 boom.