AMC Entertainment Holdings Inc (AMC) Is 'A Professional Meme Stock,' Says Jim Cramer
AMC Entertainment Holdings Inc (NYSE:AMC) is one of the largest cinema chains in the US. It is also one of the more 'infamous' stocks in the market due to the tussle between retail and institutional investors during the coronavirus pandemic. AMC Entertainment Holdings Inc (NYSE:AMC) is what is commonly referred to as a 'meme stock,' which means that its shares have been driven by popularity instead of fundamentals. In 2025, the stock has lost 26% year-to-date after it gained 24% in May only to dip by 15% over the next couple of days. The stock performed well in May due to a record Memorial Day weekend. Cramer's previous remarks about AMC Entertainment Holdings Inc (NYSE:AMC) have discussed the firm's high debt levels. This time around, he commented on potential catalysts:
'That's a professional meme stock.
An audience of moviegoers inside a theatre, savoring the latest cinematic experience.
The CNBC host warned his viewers about investing in AMC Entertainment Holdings Inc (NYSE:AMC) earlier this year:
'No, the answer is that they should have reorganized by now, and they haven't. They have way too much debt. I want you to stay away from that one.'
While we acknowledge the potential of AMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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