As a Money Morning Member, you'll get our top financial news stories delivered straight to your inbox – every weekday morning.
Cancel at any time | How it works
Welcome to Money Morning - Only the News You Can Profit From.
Private Briefingwith WILLIAM PATALON III, Executive Editor
We’ve said this to you before, but we’re going to say it here again.
If you haven’t already grabbed a stake in the investment pool that was recently launched to acquire stakes in 100 of the very best late-stage startups – you still have time to make your move.
Click here and learn how to get exclusive access to the backdoor way to make a quick 160% on the Alibaba IPO. But, you have to be in position before it goes public in September. Click here.
Members log in:
Not a member yet? Sign up here or learn more.
Chief Investment Strategist
33-year seasoned market analyst and professional trader with highly accurate track record. Specialty in global markets.
Global Energy Strategist
35-year expert in oil and gas policy, risk assessment, and emerging market economic development.
Capital Wave Strategist
30-year CBOE trader, market maker, and retired hedge fund honcho. Helped launch the Volatility Index in 1993.
20-year commodity guru and portfolio advisor. Top authority on metals + mining stocks. Head- quartered in Canada.
Defense + Tech Specialist
30-year veteran of tech markets with a Rolodex of Silicon Valley CEOs. Pulitzer nominee. Uncovered rare earths crisis.
30-year veteran analyst of business, economics, and financial markets. Award-winning author of "Contrarian Investing."
BioScience Investment Specialist
Gifted researcher with 20 years' experience tracking bioscience and pharma stocks. Master of the FDA approval process.
Small-Cap Investing Specialist
Known for his pioneering research on the seven "sparks" that trigger explosive profits in the small-cap sector.
2013 has been a strong year for IPO performance so far.
About 40 deals have been priced through the second week of April, and 33 of the deals have moved higher in the secondary market with an average gain of more than 20%.
If you missed these profits, don't worry. There is no sign of any slowing in the IPO market, as there are currently nine deals already scheduled for the next two weeks. In fact, IPO dollar volumes for the year so far are nearing the $9 billion mark, on par with the levels seen in 2012.
Let's take a look at the biggest and best IPO performances so far in 2013.
First, let's do a sector roundup.
Finance companies represent the largest sector of initial offerings so far this year. Many of the 11 finance companies that have completed an offering are REITs or business development companies, but two banks have also come public as that industry begins to recover from the credit crisis.
Two homebuilders have also completed offerings and trade well in the aftermarket, enjoying improvement in the real estate and homebuilding markets.
Nine healthcare companies have come public this year in the aftermath of the passage of healthcare reform, which has given investors a better picture of industry fundamental prospects.
Technology is always a strong source of new companies and eight tech businesses have had IPOs in 2013.
Many of the year's biggest deals were offered up by private equity firms. Companies including Boise Cascade Co. (NYSE: BCC) and Pinnacle Foods Inc. (NYSE: PF) that were taken private by private equity firms in the past decade returned to the public market. This allowed their PE firms to at least partially cash out their holdings.
So far this year the PE backed deals have done well in aftermarket trading as equity markets have been generally strong. This is a trend most analysts expect to continue as companies like SeaWorld and Bausch and Lomb return to the public markets via a sale by private equity owners.
Now for the year's best performers...
(After submitting your email address the page will refresh with the full article. You will receive a welcome email from Money Morning including the benefits of your free subscription.)