Jim Cramer Says These 3 Post-Merger Stocks Are Really Worth Buying

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CNBC’s Jim Cramer, who isn’t shy about criticizing PSPCs, on Thursday highlighted a trio of stocks that he says are actually worth holding after they complete their reverse mergers with check companies in White.

The host of “Mad Money” presented a different investment case for each of the three companies: Matterport, Open Lending and Blue Owl Capital. But the common thread is that Cramer sees more potential in these companies than the many companies that have ridden the SPAC wave in public markets and have so far been “ugly performers.”

Matterport – which uses technology to create “digital twins” of real spaces such as buildings – “grows like a weed,” although it remains unprofitable for now, Cramer said. The company’s technology is useful in many industries, including construction and property development, he said, adding that it could also become “the foundation of the metaverse.”

“That could be decent speculation.… Just make sure you take a small position here and then use any weakness to gradually build up more on the downside, because 2022 will not be a year for speculative stocks,” he said. -he declares.

Cramer said he thought Open Lending was a buy, especially because the stock was almost halved from its high of $ 44 per share on June 30. It closed Thursday’s session at $ 24.56.

The company, which provides a lending platform for the auto finance market, is also expected to benefit from a possible improvement in the semiconductor shortage next year, Cramer said. An easing of the chip crisis means automakers can have more vehicles to sell, which helps open lending by extension, Cramer explained.

“The negatives have been built into the stock, but the potential positives… haven’t been,” he said.

Finally, Cramer said he liked Blue Owl Capital because it is “already a major player” in the private equity industry, for which it essentially serves as “arms dealer”. Additionally, he said Blue Owl’s revenue is expected to more than double over the next three years.

“Income is also growing at a steady pace. It’s a buy,” he said.

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