Truth Social Is on Fire, But Will the Hot Streak Last?

In this article:

Digital World Acquisition (NASDAQ: DWAC) has officially merged with Donald Trump's Truth Social, and the stock has gone absolutely crazy ever since. But is this company a good buy? Travis Hoium digs into the numbers -- which are shocking -- in the video below.

*Stock prices used were end-of-day prices of March 26, 2024. The video was published on March 26, 2024.

Should you invest $1,000 in Digital World Acquisition Corp. right now?

Before you buy stock in Digital World Acquisition Corp., consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Digital World Acquisition Corp. wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

See the 10 stocks

*Stock Advisor returns as of March 25, 2024

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Truth Social Is on Fire, But Will the Hot Streak Last? was originally published by The Motley Fool

Advertisement