Donald Trump-Themed Alternative Investments To DWAC: 3 Stocks And 1 ETF To Watch

Zinger Key Points
  • A SPAC deal to take Donald Trump's media company public faces major hurdles this week.
  • Here are several alternative investments for fans of Trump.
Donald Trump-Themed Alternative Investments To DWAC: 3 Stocks And 1 ETF To Watch

Trump Media & Technology Group going public via SPAC merger was one of the biggest stock storylines of 2021. The company may be staying private a bit longer, with the SPAC seeking to take the company public failing to reach an extension on the vote. With the company no longer being a stock for fans of former President Donald Trump to invest in, here’s a look at some public companies and an ETF that Trump investors could explore.

What Happened: Digital World Acquisition Corporation DWAC faces the risk of liquidation, with not enough shareholders voting to extend the merger deadline for the company to reach a merger agreement. The current deadline is Sept. 8, 2022 to reach a deal, a date that can be extended to March by the company.

Digital World Acquisition is trying to get shareholders to extend the merger deadline by one year to Sept. 8, 2023.

Without the extension, the company’s deal to merge with Trump Media & Technology Group could face challenges, with several ongoing investigations delaying the deal going through.

Shareholders choosing not to extend the merger vote could see Digital World Acquisition pursue a different target or choose to liquidate. If the SPAC liquidates, the value of the stock will drop to $10 plus interest in the trust, significantly lower than the current share price.

Related Link: Donald Trump's SPAC Deal Could Face New Hurdle In Vote Extension, Could The Merger Fall Apart? 

Stock to Watch: Here’s a look at several stocks with links to Donald Trump that could see interest as investments in the DWAC SPAC fade away.

One stock that was jumping Tuesday that may see heavy interest from Donald Trump fans is CF Acquisition Corp VI CFVI, which is merging with Rumble. Similar to Truth Social, Rumble is a free speech centered social media platform.

Rumble also has a working relationship with Truth Social, partnering on its advertising platform.

Many of the politicians, journalists and citizens who have faced bans from YouTube have transitioned to using Rumble as their video platform of choice.

“Rumble is designed to be the rails and independent infrastructure that is immune to cancel culture,” Rumble founder and CEO Chris Pavlovski said. “We are a movement that does not stifle, censor or punish creativity and believe everyone benefits from access to a neutral network with diverse ideas and opinions.”

Trump is on Rumble and has used the platform to show videos from rallies.

Black Rock Coffee Company BRCC is a veteran-founded coffee company with a subscription plan and physical stores. The company went public via SPAC merger and plans to continue its growth though its direct-to-customer offering and additional physical “outposts” added. Prior to the SPAC merger, the company had revenue split 82% DTC, 16% wholesale and 2% outposts, a model it sees changing over time.

The company has received positive mention from several prominent Republican voices, including Donald Trump Jr, who also recently appeared on the company’s podcast.

“Great coffee, great guys and great Americans,” Donald Trump Jr previously said about the company.

Another stock that has soared in connection to Donald Trump is Phunware Inc PHUN. The company has been flagged as a Trump sensitive stock by Benzinga Pro, meaning it often moves in reaction to major news on the former president.

Phunware, which designs enterprise software for companies, previously worked with Trump to design the official app for his 2020 presidential campaign.

While Phunware doesn’t have a confirmed connection to Truth Social or current Trump products, it could in the future and could be a stock that sees interest from investors looking for exposure to the former president.

Launched in 2017, the Point Bridge America First ETF MAGA may not be familiar to fans of Donald Trump or Republican investors, but its ticker of MAGA should signal who it is trying to appeal to. MAGA, which is an acronym for “make America great again” became a slogan and rally cry for Donald Trump in the 2020 presidential election.

The ETF tracks companies in the S&P 500 that make donations to the Republican Party.

Despite Trump losing the 2020 election, the ETF is still going and has $15 million in assets. The ETF is up 2% over the last year and up 48% over the last three years.

“The goal for this ETF was to have something for conservatives to invest in that hasn’t been out there,” ETF creator Hal Lambert said.

Photo: Courtesy of Gage Skidmore on flickr

Posted In: conservativesDonald TrumpDonald Trump Jr.Make America Great AgainPresident Donald TrumprepublicanSocial Media Platformssocial media stocksTrump Media & Technology GroupTRUTH SocialYouTubeNewsPenny StocksPoliticsSmall CapTrading IdeasGeneral

11 Best Black Friday Deals on Amazon

11 Best Black Friday Deals on Amazon

The best Black Friday deals from Amazon are still coming hard and fast because the holiday is not yet upon us and the mega-retailer prefers to keep consumers on the hook for as long as possible—spending as much money as possible. 

To that end, here are some of the best Black Friday deals from Amazon that you might want to consider today.

Calphalon 10-Piece Pots and Pans Set

Regular Price: $172

Sale Price: $138.88

Calphalon’s 10-Piece Pots and Pans Set is designed with stainless steel, stay-cool handles along with pour spouts. The nonstick surface is PFOA-free and built with hard-anodized aluminum that is both durable and conducts heat extremely well. The set includes 2 fry pans, a sauce pan with cover, saute pan with cover and large stock pot with cover.

Apple AirPods 2nd Generation

Regular Price: $144

Sale Price: $85.49

The 2nd Generation AirPods from Apple connect to all Apple devices and give you an enhanced listening experience. Plus, they come with a case that keeps them safe and allows you to charge them in a secure environment. With over 24 hours of battery life, access to Siri and easy setup, you can start listening to your favorite tunes or podcasts today.

Adidas Ultraboost 21 Running Shoes

Regular Price: $129.98

Sale Price: $89.98

The Adidas Women’s Ultraboost 21 running shoe is perfect for anyone who likes a short run, maybe a 5K, half marathon or more. Coming in several colors and styles, you can slip these shoes on, enjoy the cushioned outsole, sink into the supple insole and secure laces.

Ninja AF101 Air Fryer

Regular Price: $129.99

Sale Price: $97.83

The Ninja AF101 Air Fryer allows you to crisp, roast, reheat and even dehydrate food products faster and cheaper than ever before. It has a 4-quart capacity and offers a wide temperature range along with several time settings so that you can customize each dish to your needs. Plus, all the parts are dishwasher safe.

Beats Solo3 Wireless On-Ear Headphones

Regular Price: $199.95

Sale Price: $99

Beats by Dr. Dre are among the best headphones on the market, and the Solo3 Wireless On-Ear Headphones include the Apple W1 chip, Class 1 Bluetooth and 40 hours of battery time. These headphones even have a built-in microphone and offer an adjustable fit so that you can be comfortable whether you’re listening to an Android or iOS device.

Hoover Power Scrub Deluxe Carpet Cleaner

Regular Price: $198.98

Sale Price: $175.98

The Hoover Power Scrub Deluxe Carpet Cleaner allows you to keep your home spotless and clean up after your pets. The cleaner comes with the Hoover Paws and Claws Deep shampoo and a storage mat to keep the floor dry once it’s put away.

LG CordZero Auto Empty Cordless Stick Vacuum

Regular Price: $999.00

Sale Price: $851.71

The LG CordZero Auto Empty Cordless Stick Vacuum and Wet Mop All in One Tower is designed to work in homes with several pets or children and clean up all the messes that life brings. The battery lasts up to 2 hours, and there’s an extra removable battery that gives you even more cleaning time and power.

Breville Fresh and Furious Blender

Regular Price: $278.60

Sale Price: $199.95

Breville, a top name in blenders and juicers, offers the Fresh and Furious Blender, featuring 50-ounce capacity, Vac Q technology, pre-programmed cycles, LCD display and lid with pull ring. With the Fresh and Furious Blender, you can make everything from a smoothie to a soup and everything in between.

Hot Tools Professional 2000 Turbo Ionic Hair Dryer

Regular Price: $89.99

Sale Price: $55.63

The Hot Tools Professional 2000 Turbo Ionic Hair Dryer is designed for professional use, but it works perfectly in the home. With 1875 watts of power, 6 heat and speed settings and a lightweight design, you can easily style your hair and utilize the diffuser, cut back on the frizz and stretch the 8 ft cord for maximum functionality.

Columbia Heavenly Long Hooded Jacket

Regular Price: $160

Sale Price: $97.38

The Heavenly Long Hooded Jacket from Columbia is designed to be light for everyday use, but it’s heavy enough to protect you from the cold. The plush fleece lining, security pocket, water resistant fabric, 2-way zipper, and zippered hand pockets make the jacket both protective and functional.

ConAir InfinitiPro Hair Dryer

Regular Price: $49.99

Sale Price: $29.99

ConAir is one of the biggest names in hair and beauty, and the InfinitPro is an 1875 watt hair dryer designed for professionals with ceramic technology. The dryer comes with a diffuser and concentrator, and it allows you to blow out your hair just the way they would at the salon.

Deals the Experts Are Hoping For

Experts believe that Amazon’s Black Friday sale could linger for quite some time. It all started with the Prime Early Access sale on October 11 and 12. Previously, Amazon has offered the “Epic Deals” sale that ran through late October. 

This is to say that any sale could come up at any time. 

Even so, those monitoring Amazon are looking forward to a few potential deals, including:

  • Apple Watch
  • AirPods (any generation)
  • MacBook Pro
  • Large, underpriced TVs
  • Amazon Echo
  • More small home appliances (Dyson or Shark vacuums, Instant Pots, etc.) 

While these predictions are based on last year’s Amazon Black Friday Sale, it’s important to remember that most Black Friday sales are fairly consistent and push the products that are most likely to sell.

 

Featured image sourced from Shutterstock

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