New Stocks — Ultragenyx Pharmaceutical (RARE)
IPO Return: 162.1%
Over the past few years, the company has obtained in-licensed treatments for five different disorders. And they will hit Phase 1 or Phase 2 clinical trials this year. The company thinks this approach will be quicker — and cheaper.
A key to Ultragenyx is biologics, which involves monoclonal antibody and enzyme replacement therapies. Enzymes are used to process normal cell functions. So, if there is a breakdown, the results can be devastating. But Ultragenyx believes it has an effective way to replace those that malfunction. And with a return of more than 160%, RARE earns the top spot for best new stocks of 2014.
Tom Taulli runs the InvestorPlace blog IPO Playbook. He is also the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities.