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Hot New Stocks: The 5 Most Anticipated IPOs of 2014

Here’s a look at five new stocks that could hit the markets next year


New Stocks: Shazam

New Stocks shazamTwitter (TWTR) likes to tout itself as a “second screen” — a platform that people use to interact while watching television. No doubt, that means huge opportunities to grab advertising dollars. But Twitter isn’t the only one in the second-screen space.

Just look at Shazam. The company’s popular app allows you to identify unfamiliar music or TV shows — and then allows you to purchase that content on Amazon (AMZN) or iTunes, watch related videos on YouTube, or share your encounters on social networks like Twitter and Facebook (FB). Shazam has caught the attention of biggie investors, such as mega billionaire Carlos Slim, who recently shelled out $40 million for a 10.8% stake.

Shazam has more 70 million active monthly users, and with help from Slim, the company is likely to get more exposure in Latin America. Keep in mind that the billionaire owns telecom assets like America Movil (AMX).

Revenues are excepted to double in 2013, reaching more than $600 million. All in all, it should be enough growth to be one of 2014’s hottest new stocks.

Article printed from InvestorPlace Media,

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