Is Latch the Next Great Growth Stock?

Special purpose acquisition companies (SPACs) are the latest trend to hit Wall Street. 89 SPAC mergers have closed so far in 2021, which means 89 new stocks are now available for anyone to potentially invest in. The problem is, with so many companies entering the public markets, it can be tough for investors to narrow down which companies, if any, they should invest in. One recent SPAC with strong potential is Latch (NASDAQ: LTCH), which sells software and hardware systems for residential buildings.

Is Latch the next great growth stock? Let's take a look.

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Source Fool.com