2020 has been the year of the special purpose acquisition company, or SPAC. About $80 billion was raised by nearly 240 SPACs in 2020. That’s roughly six times the amount raised in 2019.
With so many SPACs to choose from, how can investors decide? To help give you some ideas, Fool.com contributors Matt Frankel, CFP, and Dan Caplinger discussed during this Dec. 22, 2020 Fool Live clip the five SPACs that Frankel recently added to his own stock portfolio.