Finance

3 Hot SPAC Stocks to Buy Now

3-hot-spac-stocks-to-buy-now



SPAC stocks are the hottest investment of the year but do you know what you’re really getting when you invest? In this video, I’ll give you a complete guide to special purpose acquisition companies, how to invest and how to make money!

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SPACs are special shell companies set up to raise money, issue stock and then acquire a privately-held company. It’s like a backdoor way to get listed in the stock market because after the acquisition, the shares of the SPAC change their name to the acquired company.

After some hugely popular SPAC stocks have produced triple-digit returns this year, the theme has exploded and there are more than 200 SPACs trading on the market. There are a lot of hidden risks though that most investors don’t realize. There’s a reason they call these Blank Check Companies!

Until the SPAC announces its acquisition target, you have to be willing to write the sponsor a ‘blank check’ for your investment because you don’t really know what you’ll be investing in. A lot of these sponsors have decades of experience in the stock market so most know what they’re doing.

That doesn’t mean you can invest blindly though and you need to know how to analyze SPAC stocks. That means a two-step process, researching the sponsor to the SPAC and then analyzing the acquisition target.

I’ll show you how to find SPAC stocks to buy, how to analyze these investments and then reveal three Special Purpose Acquisition Companies to watch right now.

0:53 What are Special Purpose Acquisition Companies?
2:09 How do SPACs Work?
2:43 SPAC Example
3:28 What are the Returns for SPAC Stocks?
3:54 How are SPACs different from other Stocks?
4:49 Why do they call them Blank Check Companies?
6:22 How to Find SPAC Stocks to Buy
7:26 How do you analyze SPAC Stocks?
8:26 SPAC stock analysis example
10:49 Three SPAC stocks to watch

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

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43 Comments

  1. Let's Talk Money! with Joseph Hogue, CFA
    July 22, 2021 at 11:25 am

    Take advantage of the 5G revolution and these 5 Stocks to Benefit! 💰 https://youtu.be/f_PlD_ZhFa0

  2. yo2131
    July 22, 2021 at 11:25 am

    If you made a video on $ALUS would be amazing! Huge backing by the government and they are producing semi-state batteries!! Very low key right now

  3. //PROJECT JT314
    July 22, 2021 at 11:25 am

    SO GLAD I just checked out what SPACs are now, RIGHT when SoFi is getting ready for their IPO

  4. Frank Gu
    July 22, 2021 at 11:25 am

    Otonomo, an Israeli company that collects and sells a range of data from millions of passenger cars, on Monday announced plans to go public via a merger with (SAII) a special-purpose acquisition company, or SPAC. Otonomo will receive about $172.5 million in cash from the SPAC (ticker: SAII). Can you analyze this stock? Is it a good buy?

  5. Addis Maleda አዲሰ ማለዳ
    July 22, 2021 at 11:25 am

    Can you please make one new one SPAC Stocks to Buy Now? thank you!

  6. yeojr11
    July 22, 2021 at 11:25 am

    Damn you called CCIV! Nice

  7. tpjmadrigal12
    July 22, 2021 at 11:25 am

    FUNFF. FansUnite. Do your DD

  8. Wandur
    July 22, 2021 at 11:25 am

    Thank you!! CCIV was a big big winner for me today. Godspeed!

  9. Nagaraja Manabotula
    July 22, 2021 at 11:25 am

    WHEN TWO PRIOR VENTURE STILL SEARCHING THEN HOW DO YOU JUSTIFY TO SUGGEST IV

  10. XY XY
    July 22, 2021 at 11:25 am

    10:37 why did you estimated 20 billion on Pinterest ? It had an estimated revenue of 1.3 billion. 1.3 times 8.1 is 10.5 billion.

  11. vcash
    July 22, 2021 at 11:25 am

    I like AJAX

  12. Julián Picón
    July 22, 2021 at 11:25 am

    What happens with de SPaC price after the merge? It’s the same? The number of shares change?

  13. mvpmickey1
    July 22, 2021 at 11:25 am

    PSTH is the only SPAC that's good versus the other 2.

  14. mi ke
    July 22, 2021 at 11:25 am

    SBE and DMYT.

  15. Jeffery Stensland
    July 22, 2021 at 11:25 am

    So in a nutshell a SPAC (aquiring company) is formed and then looks for a start up company to take public and the "SPAC" receives a stock interest in the new company? The real money is made by picking the acquisition (SPAC) that will bring the right company public and get in early?

  16. rlg222
    July 22, 2021 at 11:25 am

    I started investing in these SPAC's just because of there hype. I don't know much about them so thank you! I did start to research and I noticed that one was bring investigated by law firm and that this is normal. I've been told they all go though this. I saw something on one I just invested in and a few people slammed me for posting on the channel I found the SPAC on.

  17. moe raff
    July 22, 2021 at 11:25 am

    Joseph its always easy after the fact.

  18. Naveed K
    July 22, 2021 at 11:25 am

    How about spak ETF?

  19. timmie010
    July 22, 2021 at 11:25 am

    Hyllion ?

  20. Jason's Kitchen
    July 22, 2021 at 11:25 am

    How are you? Why do you cover LCA but never DMYT which is another SPAC that is merging with Rush Street Interactive in a few weeks? Rush Street’s total revenue is 3X of GNOG, and growing 370% year over year …
     
    Or
     
    Can you tell me your thoughts on the SPAC DMYT and the merger with Rush Street Interactive. Why is Rush Street growing 370% a year vs 94% for Golden Nuggen Online Gaming, but getting no hype yet?

  21. Jason's Kitchen
    July 22, 2021 at 11:25 am

    question? Why do you cover LCA but never DMYT which is another SPAC that is merging with Rush Street Interactive in a few weeks? Rush Street’s total revenue is 3X of GNOG, and growing 370% year over year …
     
    Or
     
    HI, Can you tell me your thoughts on the SPAC DMYT and the merger with Rush Street Interactive. Why is Rush Street growing 370% a year vs 94% for Golden Nuggen Online Gaming, but getting no hype yet?

  22. Jacob490
    July 22, 2021 at 11:25 am

    VGAC 🚀 in branson we trust 🙏🏾 in at 11.59

  23. SmashKing17
    July 22, 2021 at 11:25 am

    Do you expect LCA/golden Nugget merge to bring it to $40 currently around low 20's.

  24. Goodfella
    July 22, 2021 at 11:25 am

    How about VRT.

  25. Top Trader23
    July 22, 2021 at 11:25 am

    $TSCRF – The Score 💯 That is the next draft kings

  26. Unca Reid
    July 22, 2021 at 11:25 am

    This is so scary. Not going to touch it. I don't need 400%, I need steady growth. Or at least growth over every 5 to 10 year period.

  27. Marc
    July 22, 2021 at 11:25 am

    What do you think about BFT???

  28. Omar Silva
    July 22, 2021 at 11:25 am

    Hey buddy can you do TSNP and WDLF?

  29. Anonymous Hype
    July 22, 2021 at 11:25 am

    Good analysis, been asking about this for a min

  30. Gene Hann
    July 22, 2021 at 11:25 am

    What do you think about Stratasys (Ticker: SSYS)? This is one of the dominant players in the 3D printing space and its market cap is under $1 billion dollars? I believe Ark is a big holder. Am I missing something or is this stock just crazy undervalued? We're talking about a transformational technology here!

  31. Gallons
    July 22, 2021 at 11:25 am

    Any opinion on why cannabis stocks are falling even after the recent news?

  32. Michelle Rosenfeld
    July 22, 2021 at 11:25 am

    I would like to know when I look at most SPACs on my apple stocks app, why the first thing I need is law firm notifications saying the spac is facing a lawsuit. I seem to find that more and more these days with SPACS.

  33. Abde
    July 22, 2021 at 11:25 am

    Can you do a video about CBDT, this stock is a rocket right now.

  34. Steven Rodriguez
    July 22, 2021 at 11:25 am

    Joseph, thank you for being the promote 😂

  35. Manny B
    July 22, 2021 at 11:25 am

    Jersey shore lol

  36. Alli Allison
    July 22, 2021 at 11:25 am

    What’s your take on GORES Holdings ?

  37. Maya V
    July 22, 2021 at 11:25 am

    I bought $BTWNU (Bridgetown Holding).

  38. J1538
    July 22, 2021 at 11:25 am

    Your Jersey accent got you a sub

  39. Jackson Howard
    July 22, 2021 at 11:25 am

    What do you think about the GHIV/UWM Merger?

  40. tx
    July 22, 2021 at 11:25 am

    I got fucked with hylion

  41. Steve M
    July 22, 2021 at 11:25 am

    Flex on em with that PINS call!

  42. Cyle Lublin
    July 22, 2021 at 11:25 am

    I loaded up on LCA. I think GNOG could be big – ideally, we see the merger this month and then it's onwards to $30.

  43. J Mula
    July 22, 2021 at 11:25 am

    Tilman on both sides of LCA and GNOG. Love it