Even though the past couple days has seen a selloff of recent IPOs — especially for biotech companies — the quarter still remains fairly strong. In all, there have been 53 offerings, raising about $8.5 billion (according to Renaissance Capital). The average first-day return? A juicy 22%.
And the momentum should continue for new stocks. Consider that there are 118 companies in the pipeline for IPOs, and some of them are expected to be big offerings. Just some include Box — which just filed today — Weibo, King Entertainment (the maker of the Candy Crush Saga game) and GrubHub.
So, what were some of the hottest deals for the quarter? Here’s a look at the five best new stocks so far in 2014: