3 SPACs/IPOs With 35% to 72% Upside, According to Wall Street
The growth-obsessed stock market switched gears over the past few months and began gravitating more toward value stocks and cyclicals. The economic reopening and prospect of higher interest rates have made investors more bullish on economic growth, and therefore, more traditional stocks in financials, energy, and industrials that are tied to the broader economy.
Yet over the long run, it's still disruptive growth stocks that should lead to the very biggest gains. Amid the current hangover from special purpose acquisition companies and initial public offerings, Wall Street analysts still see Desktop Metal (NYSE: DM), Romeo Power (NYSE: RMO), and Coinbase Global (NASDAQ: COIN) having significant upside over their current share prices.
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Source Fool.com
