At $10.4 billion dollars, biotech giant Amgen's acquisition of Onyx is the fifth-largest biotech deal in history - and definitely won't be the last. This deal is a perfect illustration of why there’s so much money being made in biotech...
Investing in the best IPOs today
- Amgen (Nasdaq: AMGN) Deal Shows How to Find Biotech's Best Investments
- The IPO Market Is Back Big-Time
- Unlocked: The Fastest-Growing Companies in America
As we move deeper into the second half of the year, we're seeing a robust IPO market that has been able to shake off 2012's Facebook IPO shame.
So far this year there have been 116 debut offerings, the strongest pace since 2007.
As Money Morning Executive Editor Bill Patalon explained earlier this week in his Private Briefing investment service column, the IPO market in 2013 is "white hot."
From Bill's analysis: The market has locked and loaded on about $4 billion in U.S. IPOs so far this year, Bloomberg News reports. At that pace, companies "going public" would raise the most this year since at least 1999, the financial news service says.
IPOs are back, big time. Even unsexy companies are sprouting sweet IPO gains.
Take organic grocer Sprouts Farmers Market. It gained nearly 123% in its first day of trading Thursday - the best initial public offering debut since LinkedIn more than two years ago.
IPOs as diverse as Norwegian Cruise Line Holdings Ltd. and fast-casual dining chain Noodles & Co. have soared... The market has locked and loaded on about $4 billion in U.S. IPOs so far this year.
At that pace, companies "going public" would raise the most this year since at least 1999.
Welcome to the white-hot IPO market.
There's only one problem...
If you're not rich - you know, aren't one of those high-net-worth "accredited investors" (in essence, an insider or someone with a good buddy at an investment bank) - then you probably are watching from the sidelines. And that's why I can't wait to show this to you today, because you don't have to watch the Millionaire's Game anymore. You can finally play it.
Pick up some of these shares today, and you can win it, too. Big...