In a couple of weeks, the IPO market will close for the year — the end of a banner performance for new stocks hitting the market.
There have been 198 IPOs in 2014, and the average gain was about 33.24% — better than the performance of the S&P 500, which is up roughly 27% this year. And the hottest IPOs have been huge ones: The top 5 offerings all returned more than 100%.
Going into 2014, there are few signs that the momentum will slow down, especially as the Dow and Nasdaq continue their winning ways. It also helps that the U.S. economy has been showing more strength lately as we look to close out 2013.
So, what new stocks do investors have to look forward to in 2014? Here’s a look at five prospective new stocks: