This week we kick off with a brief discussion on SPACs. With everyone from hedge fund manager Bill Ackman and Oakland Athletics general manger Billy Beane to former Trump economic adviser Gary Cohn, former U.S. House Speaker Paul Ryan and LinkedIn co-founder Reid Hoffman, backing SPACs. And, Virgin Galactic, DraftKings and Nikola Motor Co. all going public through a SPAC. The SPAC has come mainstream. We let you know what they are and if they are a unique opportunity.
Our first Your Stock, Our Take is on Netflix Inc. (NFLX: NASDAQ), the largest video streaming company in the world. A listener asks us how the shutdown, with more people staying at home and watching video, has impacted Netflix and whether we would buy the company at the current price?
Our second Your Stock Our Take was sent in from a listener on ParkLawn Corp. (PLC: TSX), one of the largest providers of deathcare products and services in North America with operations in 5 Canadian provinces and 15 U.S. states. The listener notes ParkLawn has continued to make acquisitions during the pandemic and whether it is a long-term growth opportunity.
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