Most SPACs are beaten down, but some are still worth a look.
It's safe to say that the SPAC boom is officially over, but that doesn't mean that all companies that went public through the SPAC route are bad investments. Here are five in particular that I still own, and why I'm still excited about SoFi (SOFI 0.26%), Nextdoor (KIND -1.86%), and Offerpad (OPAD 7.28%) from a long-term perspective.
*Stock prices used were the midday prices of August 26, 2022. The video was published on August 26, 2022.
Matthew Frankel, CFP® has positions in Nextdoor Holdings, Inc., 23andMe Holdings, Latch, Offerpad Solutions Inc, and SoFi Technologies, Inc. The Motley Fool has positions in and recommends Nextdoor Holdings, Inc. and Offerpad Solutions Inc. The Motley Fool has a disclosure policy.
Matthew Frankel, CFP, is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/frankel, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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