SPAC stocks continue to rise in popularity. These special purpose acquisition companies make it easier for a private company to go public than the traditional initial public offering (IPO) process.
In this video, I review three pre-merger SPACs in their searching phase with solid management teams. I discuss my thought process in choosing to play the common stocks, the stock warrants, or both.
These are my 3 SPAC picks for November 2020.
1) E.Merge Technology Acquisition Corp (NASDAQ: ETAC, ETACW, ETACU)
2) CHP Merger Corp (NASDAQ: CHPM, CHPMW, CHPMU)
3) Equity Distribution Acquisition Corp (NYSE: EQD, EQD WS, EQD.U)
DISCLAIMER: I'm not a financial advisor. These are my opinions and provided "as-is". It is not an offer to buy or sell securities. Read the Terms and Conditions.
What do you think of these SPAC picks? What other SPACs are you watching? Leave me a comment below. Thank you for stopping by.
I/we own shares of ETAC, ETACW, CHPMW
Except for Wolves of Investing, I/we are not receiving any compensation from and do not have any business dealings with any companies whose stocks are discussed in this article.
Donnie Nguyen is the founder and CEO of Wolves of Investing. He started investing in the stock market in the early 2000s. He follows the teachings of Peter Lynch, Warren Buffett, and other investing legends. When he's not investing or blogging, he loves spending time with his family traveling and experiencing the world.
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