New Delhi, July 24 -- As the stock market pushes into record territory and some companies trade at lofty levels, investors are once again looking for bargains among some of Wall Street's beaten down companies.

The latest so-called meme stocks include doughnut maker Krispy Kreme, camera maker GoPro and plant-based meat maker Beyond Meat. Each company initially surged Wednesday before mostly leveling off, even though overall they have been struggling to notch profits.

The trio stepped in for department store Kohl's and the online-based real estate company Opendoor Technologies, which fell sharply Wednesday after surging over a number of days. It's a sign of how quickly the hot meme stocks can fall out of favor.

"While this activity refle...