The Next Multibagger

In this episode, I'm going through 5 growth stocks to buy now under $10. My friends have mentioned that they'd like to own shares of a company and while they can do so with fractional shares, they would rather pick a smaller, high-growth stock that they can have multiple shares of. This list of growth stocks is a compilation of exciting small-cap growth stocks that I'm looking to buy. So, I've done the research and I'll share with you my findings, analysis, and opinions on each company. In this episode, I go over a wide range of companies ranging from MJ, to plant-based meat, to bioplastics, to critical communications. These are the stocks I'm looking to buy now under $10.

Timestamps: 00:00 Intro 0:19 Planet 13 (PLNHF) 3:18 Jushi Holdings (JUSHF) 4:55 Very Good Food Company Inc. (VRYYF) 6:54 Good Natured Products Inc. (SLGBF) 8:33 Genasys (GNSS) 10:15 Closing

Joby Aviation is a California-based venture-backed aerospace company, developing an eVTOL aircraft that it intends to operate as an air taxi service. Joby, which is backed by Toyota and recently acquired Uber’s flying taxi division, is merging with Reinvent Technology Partners, a “blank check” company run by LinkedIn co-founder Reid Hoffman and Zynga founder Mark Pincus. The new company, which will have a post-money valuation of $6.6 billion, will be listed on the New York Stock Exchange.

While in the past year it's easy to feel that stocks only go up, the past two days have been a reminder that selling can pick up quickly. It is important to have a strategy and gameplan when these sell-offs do happen, as making emotional decisions under duress is not a viable way to invest. Let's hear from two successful investors (Peter Lynch and Cathie Wood) on volatility and their approach to taking advantage of it.

If you've been following the podcast for a while, you know that I've covered Lucid Motors and CCIV extensively. Well today, February 22nd, 2021, Lucid Motors announced that they are going through with the proposed merger with Churchill Capital Corp IV. It's been a long time coming. But what's with this huge 30% sell-off in after hours? Let's talk about it. CCIV and Lucid are combining at a transaction equity value of $11.75 billion. The transaction includes an approximately $2.1 billion cash contribution by CCIV and a $2.5 billion, fully committed PIPE with an investor lock-up provision that binds holders well beyond closing. The PIPE is priced at $15.00 per share (a 50% premium to CCIV’s net asset value) with an implied pro forma equity value of $24 billion.

BarkBox is a monthly subscription service providing dog products, services, and experiences. BARK serves over 1 million dogs monthly through BarkBox and Super Chewer subscriptions and retail distribution. Executive Chairman Matt Meeker, Henrik Werdelin and Carly Strife founded BarkBox (NYSE: BARK) in 2012. Headquartered in New York City, BarkBox is a subscription service for dogs. It provides toys, treats, home products and health services. BarkBox has 6.5 million customers, 1.1 million active subscriptions and 8.5 million followers on social media platforms. The company has five product lines and has 23,000 retail outlets carrying its products. They include Target, Petco and Costco. BarkBox sees itself as a global industry leader and devoted to being the most dog-centric company possible. And now that a BarkBox is public, the company has an opportunity to expand even further. But first, let’s look at what the company has to offer.

I want to clarify that they don't have $1.7B committed, it's their pipeline of opportunities.*

BlackSky Holdings, Inc. (“BlackSky”), a leading provider of real-time geospatial intelligence and global monitoring services, and Osprey Technology Acquisition Corp. (“Osprey”) (NYSE: SFTW), a special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that would result in BlackSky becoming a publicly listed company. It is anticipated that the post-closing company, BlackSky will be listed on the NYSE with the ticker symbol “BKSY”.

Founded in 2014, BlackSky is a first mover in real-time Earth observation leveraging the innovative performance and economics of small satellite constellations to deliver high revisit global monitoring solutions. BlackSky’s Artificial Intelligence/Machine Learning powered analytics platform derives unique insights from its constellation as well as a variety of space, IoT, and terrestrial based sensors and data feeds. BlackSky monitors global events and activities providing enhanced situational awareness for commercial and government customers worldwide.

ExOne delivers powerful 3D printers that solve the toughest problems and enable world-changing innovations. "For more than 20 years, ExOne has been the global leader in industrial 3D printing systems using binder jetting technology. Our machines 3D print powder particles — whether that's metal, sand, ceramics or another material — into molds, cores, sacrificial tooling and final end-use parts. In fact, our binder jet 3D printers are among the most researched in the world, cited in more than 95 peer-reviewed technical and scientific articles. Companies in a wide variety of industries use ExOne 3D printers, from aerospace and automotive to energy and defense."

Peloton (PTON) is the largest interactive fitness platform in the world with a loyal community of more than 2.6 million members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient while fostering social connections that encourage its Members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its Members love.

Jushi Holdings Inc. (Follow Company) is a vertically integrated multi-state cannabis and hemp operator across the United States. The globally-focused company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, and the soon to be introduction of a comprehensive suite of brands, including its award-winning brands, ‘The Lab: Concentrates’ and “The Bank: Flower + Genetics,’ as well as its precision formulated line of medical cannabis products ‘Nira Plus’. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.

Venture capital-backed real estate technology firm Matterport will merge with a blank-check company and go public in a deal that values the startup at $2.3 billion. Matterport, a spatial data firm that makes software for virtual property tours, will merge with a special purpose acquisition company (SPAC) led by billionaire investor Alec Gores. Matterport (GHVI) is the leading spatial data company focused on digitizing and indexing the built world. Their all-in-one 3D data platform enables anyone to turn a space into an accurate and immersive digital twin that can be used to design, build, operate, promote, and understand any space. Matterport makes it easy and fast to create immersive 3D digital twins ideal for back-to-work planning, listing or appraising properties, documenting makeover projects, and more.