4 SPACs for the Future
What's nice about being early in picking a future winner is that you don't have to put up a large amount of money to eventually make a fortune. A $1,000 investment made when a company is a small cap can produce tremendous returns over the next 20 years. And because of the revolution in special purpose acquisition companies (SPACs), we're seeing a wave of opportunities that fit that exact bill, right now.
Here are four SPACs that I really like: HighCape Capital Acquisition (NASDAQ: CAPA), Holicity (NASDAQ: HOL), Gores Holdings VI (NASDAQ: GHVI), and VG Acquisition (NYSE: VGAC). All four of these SPACs are no longer "blank check" companies -- they have deals in place to merge with some outstanding private companies. Here's why I'm excited about each of these names.
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Source Fool.com
