Clover Health vs. Wendy’s: Which Meme Stock is a Better Buy?

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However, CLOV’s shares have crashed into negative territory. The stock has lost 37.8% over the past five days. This reflects that the gains were not a result of financial performance and fundamentals, but merely social media attention. In contrast, WEN has been witnessing strong digital and store sales, and increasing demand for its premium food items. Since the company is both fundamentally and financially sound, it could continue to see solid gains going forward.

While CLOV has gained 84.3% over the past month, WEN has returned 1.4%. In terms of past three months’ performance, CLOV is the clear winner with 55.2% gains versus WEN’s 10.2% returns. But which of these stocks is a better pick now? Let’s find out.

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