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ipos

IPOs

Didi Stock Priced High and Is Still the Best IPO to Buy This Year

By , Associate Editor, Money Morning - • Print | Email

Chinese ride-hailing firm Didi Chuxing (NYSE: DIDI) went public Wednesday, June 30.

The company has been called the “Uber of China.” IPO investors were all over this one, oversubscribing the book and forcing Didi to increase the deal size.

According to Reuters, the Didi IPO is the biggest U.S.

share sale by a Chinese company since Alibaba (NYSE: BABA) raised $25 billion in 2014.

The Didi Chuxing IPO has created a major buy opportunity for American investors.

The Alibaba IPO price was a whopping $68 and it still added a hefty 232% in a short time following its U.S.

IPO.

It trades at $226 today.

You can expect a similar pattern with Didi Chuxing in the years to come. Here’s why...

Stocks

Why Duolingo Stock Is a Strong Buy on Robinhood IPO Access

By , Associate Editor, Money Morning - • Print | Email

Investors get the chance to buy Duolingo stock at the IPO price via Robinhood starting today.

All you need to do is request shares via the Robinhood app for a chance to be randomly selected to receive the shares.

This is part of Robinhood's new IPO Access feature, giving retail investors rare access to IPO stocks they would not have had before.

And you will probably want to throw your name in the hat for Duolingo stock.

The first (and most recent) IPO stock to go through Robinhood is up more than 100% since the offering.

Figs Inc. (NYSE FIGS) went from a $22 IPO price to $47 today.

Read more...

IPOs

Clear Secure IPO Stock Is Another Solid Buy on Robinhood

By , Associate Editor, Money Morning - • Print | Email

Robinhood just added another IPO stock to its new IPO Access program.

Clear Secure Inc. filed with the U.S. Securities and Exchange Commission on Monday, June 7.

The company will trade under the stock ticker "YOU."

They expect a valuation of $2.2 billion, raising over $390 million in the IPO on 13.2 million shares priced between $27 and $30.

Goldman Sachs (NYSE: GS), J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) will lead the underwriting process of this IPO.

Opportunities to invest in IPO stocks are still few and far between for retail investors.

Let's talk about whether Clear Secure stock an undeniable buy opportunity, or if you should wait...

IPOs

Why WalkMe Stock Can Wait Until After the IPO

By , Money Morning - • Print | Email

WalkMe stock will go public this week.

It joins a wave of office productivity stocks going public – and unicorns, no less, this one valued at $2 billion.

It's not the first stock of its kind to go public recently – Monday.com, another business software company did the same earlier in June.

We like Monday.com a lot. But this is not an easy sector to win.

Even if its technology sounds interesting, WalkMe could have its work cut out.

Let's talk about whether you should buy WalkMe stock after the IPO.

IPOs

Sprinklr Stock Is a Chance to Cash In on a $1 Trillion Market

By , Money Morning - • Print | Email

Sprinklr stock goes public next week.

The Sprinklr IPO is expected to sell 19 million shares priced between $18 and $20 a pop.

That will value the company at close to $5 billion.

That's not too shabby for a company with just under $340 million in sales last year.

While not the flashiest company, it could be a silent winner in the enterprise software market set to double from $500 billion to $1 trillion by the end of the decade.

If you miss out on profits from this trend, don't let it be because you found it "boring."

IPOs

Why the Chime IPO Is Scaring All the Big Banks

By , Associate Editor, Money Morning - • Print | Email

How much do you enjoy spending a lunch break in line at the bank? Well, in the future, you don't have to.

A little company called Chime came to solve that problem.

And we could get a Chime IPO as early as this year.

Mobile banking will disrupt more than you think.

We're not saying it will totally disappear massive corporations like Bank of America (NYSE: BAC) or Wells Fargo (NYSE: WFC), but it sure as heck will give them a run for their money.

Chime stock will be one of the first to benefit. Here's all you need to know between now and when the Chime IPO comes...

IPOs

Is Marqeta Stock a Day One Buy?

By , Director of Research, Money Morning • @alexkagin - • Print | Email

Marqueta stock could be one of the most exciting fintech developments of the year.

And if you can get it at the right price it could be a day one buy.

Simply put, Marqeta is part of the key to this future cashless society with its customized virtual and physical cards.

It also doesn't hurt that they are already working with large customers, giving them a good reputation as they are set to go public.

Today we're going to dig into Marqeta's balance sheets and business model and see if this is a stock that belongs in your portfolio after the IPO...