In just a few weeks, much of the air has come out of the IPO market. The damage has been particularly hard for the high-fliers, and some of the drops have been downright scary.
Despite all the trouble, might there be some juicy stocks to buy now?
I think so. For the most part, the plunge in IPOs doesn’t look like a repeat of the dot-com bust. Back then, many of the companies had minimal revenues and huge losses. So when the capital stopped flowing, it caused a flood of disaster for investors.
But this time around, most of the IPOs have solid fundamentals and nice growth opportunities. So then, which recent IPOs should you pick up off the floor? Here’s a look at four stocks to buy.