11 Best New Company Stocks to Buy in 2017

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  1. Gores Holdings II, Inc. (NASDAQ:GSHT)

– Number of Hedge Funds With Long Positions (as of March 31): 18
– Aggregate Value of Hedge Funds’ Holdings (as of March 31): $266 million

Next up is Gores Holdings II, Inc. (NASDAQ:GSHT), the second blank check company recently formed by the Gores Group. The first, Gores Holdings, had its IPO in 2015 and took a majority stake in Hostess Brands in the middle of last year. It began trading under the name Hostess Brands, Inc. (NASDAQ:TWNK) after the completion of that deal. As with the first Gores Holdings, the second incarnation will also seek out a merger, acquisition or other partnership with the proceeds from its public offering. Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital took a 3 million-share stake in the company during Q1.

Follow Verra Mobility Corp (NASDAQ:VRRM)

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