Stockchase Opinions

Jim Cramer - Mad Money Altimeter Growth Corp. AGC-Q BUY ON WEAKNESS Apr 19, 2021

Yes, SPACs have been murdered lately and are out of fashion, but he's excited by AGC merging with Grab for $40-billion. Grab is the leader super app platform in southeast Asia. Grab is not a typical EV start-up but a real company, a combination of Doordash, Lyft and PayPal with a big presence in Indonesia, Singapore, Malaysia, Thailand, the Phillippines and Vietnam, one of the fastest-growing regions in the world. Pounce on this when it dips. $11.50 or $10 is attractive, and he wouldn't be surprised if it fell into single digits. It's a rapidly growing company with real services. The lock-up period is a long three years.

$13.160

Stock price when the opinion was issued

Automotive
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