Etsy Stock: This Big Dip Makes ETSY a Rebound Buy

May 20, 2015, 11:53 am EDT

Etsy Inc (NASDAQ:ETSY) stock plummeted by more than 20% on Wednesday on the heels of the company’s maiden earnings report as a publicly traded company.

Brooklyn-based Etsy, which sells handcrafted items via its “local” online marketplace, was punished for its wider loss and revenue shortfall reported Tuesday night. Including today’s meltdown, Etsy is off some 45% since its first day of trading in April, and now trading right around its IPO price of $16 per share. Read 

5 New Stocks on Tap – And No Biotechs

May 18, 2015, 1:45 pm EDT
5 New Stocks on Tap – And No Biotechs

Last week was not so good for new stocks. Eight deals were on tap but only six could get done. In fact, two of the offerings posted negative returns and another broke even. Source: ©iStock.com/zigarrenschachtel

As has been the case for the past few months, the most trouble came from biotech offerings. It appears that there have been just too many deals — and yes, investors are getting much more selective.

How about this week?  Well, there are no biotechs on the calendar.  However, there are a spattering of other new stocks that plan to come public. Read 

Ctrip.com Takes Off, Powered By Mobile Apps (CTRP)

May 14, 2015, 2:51 pm EDT
Ctrip.com Takes Off, Powered By Mobile Apps (CTRP)

Ctrip.com International, Ltd. (NASDAQ:CTRP), China’s largest online travel agency, gave investors a lot to celebrate today. The company had a blowout quarter and, as a result, CTRP stock opened up a sizzling 13% on Thursday, hitting an all-time high.

In Q1, the company posted a 46% jump in revenues to $373 million, which handily beat the Street consensus of $363 million. Ctrip showed solid performance across all its main lines of business: accommodations (up 45%), transportation (up 46%) and packaged tours (up 53%)

While the company did post a loss of 15 cents per share, it was still much better than the year-ago loss of 26 cents per share. Analysts were expecting a loss of 25 cents per share. Read 

GDDY: GoDaddy Stock Keeps Going Strong

May 13, 2015, 12:06 pm EDT
GDDY: GoDaddy Stock Keeps Going Strong

Back in early April, GoDaddy Inc (NYSE:GDDY) pulled off a successful IPO, with the stock up about 30%. And since then, the valuation has held fairly steady. In fact, on news of company’s first quarter as a public company, GoDaddy stock is only down slightly in early trading.

Yet the numbers were  solid. GDDY revenues increased by 17.5% to $376.3, million, which beat the Street estimate of $374.5 million. However, GoDaddy posted a loss of 34 cents a share, although it was 1 cent better than the consensus.

As for the guidance, it is encouraging. For the second quarter, GDDY expects revenues to range from $390 million to $395 million, which compares to the analysts’ estimate of $391 million. Read 

8 New Stocks On Deck, But Biotechs Still Lag

May 11, 2015, 5:09 pm EDT
8 New Stocks On Deck, But Biotechs Still Lag

Last week the market for new stocks hit a wall. While 13 were on the calendar, only eight were able to get done. Source: Flickr

For the most part, the problems were with biotech offerings. In fact, some were downright awful — CoLucid Pharmaceuticals Inc (NASDAQ:CLCD) dropped by 20% and OpGen Inc (NASDAQ:OPGN) fell by 27%.

Although, as for this week, get ready for more biotechs again! Interestingly enough, three of them are holdovers from last week, which include Gelesis Inc (NASDAQ:GLSS), MultiVir Inc (NASDAQ:MVIR) and Anterios Inc (NASDAQ:ANTE) (here is my coverage of them). Read 

Can’t Wait For the Uber IPO? Be Careful.

May 11, 2015, 2:51 pm EDT
Can’t Wait For the Uber IPO? Be Careful.

Uber, which operates a mobile app that allows users to hail rides, is preparing for another mega round of financing. The buzz is that the range could be between $1.5 billion to $2 billion, with a valuation of $50 billion or more.

At such levels, Uber really has no choice but to go public as many companies would not have the firepower for a buyout.

Yet if there is an IPO, investors should really be cautious. Read 

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