From a flurry of new IPOs set to hit the Street in the first quarter Bumble and Coinbase are two of the most interesting. Both of these companies are leaders in high-growth industries and I expect both to prosper.
The S&P 500 saw a small 10% pullback in September, historically the worst month of the year for stocks. However the leading index was quick to rebound and is now trading just below the all-time high. Looking forward stocks are moving into the strongest six months of the year and I expect more gains this year.
We’ve got a flurry of stock IPOs set to start trading this week. An IPO is when a stock first starts trading on a stock exchange such as the New York Stock Exchange or the NASDAQ. Stock IPOs can be a great opportunity to invest in a company early in the game. If that company does well its share price will climb, rewarding early investors with out sized gains.