TBBK

The Bancorp Inc

Stocks

The 2 Best SPACs to Buy Now

We can make a lot of money with the best SPACs to buy now.

We have already seen some deals double or more once a deal was announced this year… Draft Kings Inc.

(NASDAQ: DKNG) has soared by five times the IPO price of $10.

And Virgin Galactic Holdings Inc.

(NYSE: SPCE) has given its investors a return of 2.5 times the IPO price so far.

If you look around the Internet at various stock market-related sites and groups, it quickly becomes clear that SPACs are the hottest game in town this year.

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And this trend is probably not going to end anytime soon…

Investing Ideas

FinTech Could Make Big Bank for These Two Stocks (and You)

FinTech was going to make banking obsolete.

That was the consensus not all that long ago.

I remember being at a Bank Director conference several years ago out in Arizona. They hosted a Financial Technology panel talking about all the technological advancements that were coming to banking over the next several years. The FinTech company reps demonstrated some of the next big things in payments, deposit gathering, loan marketing, automatic tellers, and underwriting.

As I looked around the room, it was like seeing Baltimore Colts fans at the end of Super Bowl 3. No one could believe what they had just seen, and they had visions of their demise dancing around in their heads.

In the hall after the session, a coffee pot conversation sprung up on the topic, and several bankers expressed fears that this would be the end of banking as we know it.

I declared BS for a couple of reasons