New Delhi, July 23 -- As the stock market pushes into record territory and bargains become harder to find, investors are once again turning to some of Wall Street's beaten down companies in hopes of a quick score.

The latest so-called meme stocks are the department store Kohl's, which has surged this week, and the online-based real estate company Opendoor Technologies, which has skyrocketed this month. Both companies have been struggling in their respective sectors.

Wall Street defines a meme stock as a stock that gains significant popularity and trading volume, primarily driven by social media hype and online communities, rather than the company's fundamental financial performance. Think GameStop and AMC Entertainment in 2021, and a fe...