We are back with our Weekly Stock Pick! This is our pick for November 30, 2021.
In this video, our analyst Dushan Ratkovic talks about this week’s pick: Gores Guggenheim!
On November 15, 2021, Gores Guggenheim a Special Purpose Acquisition Company announced plans to merge with Polestar, the EV carmaker backed by Volvo. Assuming this deal goes through, we believe GGPI is undervalued at current levels and should have a good week ahead, given the recent positive market sentiment surrounding the EV market.