5 Small-Cap Stocks with High Potential

 2. CONX Corp. (NASDAQ:CONX)

Number of hedge funds: 36

CONX Corp. (NASDAQ:CONX) is a SPAC focusing on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar deals in technology, media, and telecommunications industries. It is one of the favorites of elite hedge funds. 36 funds in the database of Insider Monkey ended the third quarter with CONX Corp. (NASDAQ:CONX) in their portfolios, compared to 38 funds in the previous quarter. In October, the SPAC, headed by DISH Network (NASDAQ:DISH) Chairman Charles Ergen was reported to be in talks to buy DISH’s retail wireless unit, Boost Mobile.