SPACs raise money from investors through a public offering, then use the profits to choose a private company to go public with. SPACs raised $70 billion in North America alone in 2020. The majority of it comes from the hedge fund industry, and the majority of it comes from the hedge fund industry. Portfolio management and investment advising services are provided by FinePoint Capital, a hedge fund based in Boston. FinePoint Capital’s 13F portfolio is worth $533.39 million in total. Virgin Galactic Holdings, Inc., DraftKings Inc., and Nikola Corporation are among FinePoint’s top picks. Here is Insider Monkey’s list of…
Author: Isabelle Acosta
A BDC, or Business Development Company, is a unique type of investment opportunity. They strive to combine the benefits of both publicly traded and closed-end investment vehicles. These BDCs are more likely to expose investors to private equity or venture capital-style investments. Business Development Companies (BDCs) typically pay out substantially greater dividends to investors than traditional stocks or dividend stocks. This is owing in part to the unusually high interest rates on BDC loans, as well as the fact that these companies are required to disperse at least 90% of their taxable income. Insider Monkey takes a look at the…
The measure was passed alongside a $3.5 trillion budget package targeted at reviving American manufacturing in the Senate. Last month, lawmakers approved the plan, strengthening the building and allied industries, which had a disastrous year in 2020 due to the coronavirus lockdowns. High-growth tech firms are generally preferred by retail investors over infrastructure stocks. Shifts in finance, supply chain delays owing to COVID-19, and environmental policies are all influencing the business. Here is Insider Monkey’s list of the 10 best infrastructure stocks according to Reddit. Harsco Corporation is ranked tenth on Reddit’s list of the top ten infrastructure stocks. Environmental…
In 2018, the global fintech sector was worth more than $108 billion, and by 2024, it is predicted to be worth more than $222 billion. The Asia-Pacific region and the Americas are in the forefront of this boom, each accounting for 40% of worldwide market share. These days, Reddit forums are a significant instrument for stock monitoring. PayPal Holdings, Sea Limited, Square, and Fiserv are among the top fintech stocks that Redditors are buying. Here is Insider Monkey’s list of the 10 fintech stocks Redditors are buying. Mogo Inc. came in tenth. The company is based in Canada and provides…
The surge in oil prices, according to Goldman Sachs, is likely to continue and might reach $80 per barrel by the end of 2022. The expanding trends of renewable energy and climate change are predicted to boost the sector. The Energy Select Sector SPDR Fund, which tracks the S&P 500’s energy sector, has gained 44.26 percent in the previous year and 32.8 percent so far this year. In August, the predicted increase in energy firms lifted Canada’s main stock index, which rose 2.1 percent. Insider Monkey analyzes the list of the 15 best energy stocks to invest in today. National…
The worldwide chip industry has evolved into a critical component of the smart ecosystem. In June 2021, semiconductor sales totaled more than $44 billion. Similarly, sales in the second quarter of 2021 totaled $133 billion, up 29% year over year. According to World Semiconductor Trade Statistics, global chip consumption will increase by over 20% in 2021 and by nearly 9% in 2022. Micron Technology, NVIDIA Corporation, and Taiwan Semiconductor Manufacturing Company Limited are among the companies prepared to capitalize on the worldwide chip scarcity. Here is Insider Monkey’s list of the 10 stocks that benefit from global chip shortage. ASML…
Over the last few years, cloud software firms have experienced tremendous growth. In 2021, global cloud services spending is estimated to reach $332 billion. This expansion was aided by the COVID-19 epidemic, which pushed an enterprise push toward digital. Emerging technologies such as containerization, virtualization, and edge computing, according to Gartner, are becoming more popular and driving additional cloud investment. Software-as-a-service (SaaS) will be the most valuable segment of cloud computing in 2021, with a market value of about $122 billion. Here is Insider Monkey’s list of the 10 cloud software stocks with strong growth potential. Cloudflare, Inc. is ranked…
Toronado Partners’ founder and portfolio manager is Stephen Perkins. He graduated from the University of California, Berkeley, with a BA in Economics. Stephen Perkins spent eleven years as a General Partner at Crosslink Capital before founding Toronado Partners. He was previously a member of the CFA Society’s board of directors and its President. Toronado Partners invests in emerging leaders in a variety of innovative areas, both long and short term. The 13F portfolio of Toronado is $343.05 million, up from $308.02 million in the previous quarter. Over the last 12 months, Zendesk, Inc. shares have returned 27.32 percent to investors.…
Climate advocacy and environmentally responsible corporate practices are already making their way to Wall Street. Engine No. 1, a climate activist hedge fund run by Chris James in California, has nearly doubled its assets under management from $272 million in the first quarter of 2021 to roughly $363 million at the end of June. Engine No. 1 made headlines in May and June of this year when it was announced that it had won three board seats at Exxon Mobil Corporation. Sources told The Wall Street Journal that the hedge fund was contemplating a similar coup at Chevron Corporation. Here…
In many circumstances, dividend investors care about yield, especially big yields. Stocks with a higher yield may be a superior investment. Some of the best examples are Altria Group, Inc., Exxon Mobil Corporation, and Moody’s Corporation. Investing in high-yielding stocks, as opposed to low-yielding stocks, may generate better returns. The study looked at a variety of Dow 30 firms, categorizing dividend payers into three groups: high yield, medium yield, and low yield. Insider Monkey takes a look at the 10 high yield dividend stocks to buy in September. Omega Healthcare Investors, Inc. is a real estate investment trust focused on…
A country’s hard power is measured by its military. In addition, the military serves as a symbol of the state’s sovereignty and status quo. That is why huge countries all over the world pay billions of dollars to keep their militaries functioning. In 2020, global military spending is expected to reach $1,981 billion. Since 1988, global military spending has increased. The United States, the United Kingdom, Germany, France, Italy, and France account for half of all global military spending. Two-thirds of global military spending is spent in Asia and Oceania. Europe has a 19 percent participation, whereas Africa has only…
Natural gas supplies a third of the world’s total energy consumption. Since 2008, worldwide gas production has been steadily increasing. The rapid rise of the natural gas sector, mainly in Europe and North America, has been aided by the advent of shale fracking in the United States. Russia possesses the world’s greatest proven natural gas reserves. In 2019, the United States produced over a quarter of the world’s gas supply. Onshore horizontal drilling and fracturing processes produce the majority of US natural gas. Royal Dutch Shell plc is a major gas producer in the United States. With the shale revolution…