Opinions
Jim Cramer - Mad Money
Seven Oaks Acquisition
SVOK-Q
WATCH
Jun 21, 2021
$9.920
Stock price when the opinion was issued
Financial Services
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Online grocery retailer Boxed is merging with SVOK in a SPAC, announced last week, but the stock barely moved on this news. But this is a good thing for investors, because they can get a decent entry point. He likes their intriguing concept and impressive growth rate. In the early stage, the company is losing money with no profit foreseen until 2025 at the earliest. Also, they will compete with Amazon and Costco. Still, SVOK is worth a close look.