April 16, 2021
6 minutes of reading
This story originally appeared on Stock market
Top 4 IPO shares to watch for April 2021
As Technology stocks has exploded, so have initial public offerings (IPOs). 2020 is a record year with 480 companies listed on the US stock exchange. And more stocks have doubled in their first day of trading than ever before. Looks like 2021 is on a similar path. With all that attention IPO shares As is being received, it’s no surprise that investors are looking for the next top IPO stock to buy that could yield huge returns.
An IPO can be very interesting for investors, as it often gives them the opportunity to participate in the ground floor of a stock. For example, consider how much early investors make on stocks like Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL). These technology stocks have turned $ 1,000 into $ 1 million. Having said that, not every IPO is a good investment. Not every IPO will be Amazon or Apple, and we have to be very clear about that.
For those who are new to stock marketyou might ask what an IPO really is. An IPO is when a private company offers its stock for trading on public exchanges such as the New York Stock Exchange. An IPO can provide an opportunity for existing shareholders to withdraw money and take profits. However, the goal of listing is often to give companies easier access to capital, which can be used to finance business expansion. Companies like Robinhood, Stripe and Nextdoor are all preparing for massive IPOs. With all the gossip surrounding IPO stocks, you have these IPO shares on your watchlist in your watch list. stock market today?
Top IPO shares to buy [Or Avoid] In April
First on the list, Coinbase went public on Wall Street Wednesday, with COIN shares soaring as high as $ 429, quickly bringing it to a market value of over $ 100 billion. Coinbase’s IPO is undoubtedly an important occasion for crypto investors as it is the first company specializing in cryptocurrencies to go public.
For those unfamiliar with Coinbase, the company is a cryptocurrency exchange and plans to focus on investments to help the digital asset scale and succeed. So if Bitcoin or other cryptocurrencies gain widespread acceptance, the user base is likely to multiply. When that happens, you can look at a multi-bag bag being produced. There is no denying that Coinbase is based on a preference for cryptocurrencies, which has seen strong price volatility.
With millions of verified and now profitable users, Coinbase is looking at significant growth ahead. The company says it predicts meaningful growth in revenue, users and net income until the end of 2021. If you are optimistic about the crypto space but are not interested in buying any coins. , is COIN stock an attractive investment option to remain without a growing interest in cryptocurrencies?
Next, Roblox is a video game platform that has grown spectacularly since it started in 2004. The game now has an average of more than 30 million daily active users. RBLX shares surged to an all-time high of $ 82 on Tuesday following the announcement of the partnership. But stocks rebounded on Wednesday as the broader market was under pressure.
Specifically, Roblox has announced that it will be partnering with famous bread maker Hasbro (NASDAQ: YES). The partnership will showcase a series of Roblox-inspired NERF blasters and the Roblox version of Hasbro’s iconic Monopoly board game. What interests players is that NERF and Monopoly come with a code that allows users to exchange virtual items.
The blasters will hit the shelves in the US this fall while Roblox Monopoly is available for pre-order on Hasbro Pulse. This could generate a lot of revenue for Roblox once the toy launches. It will also be able to attract new users and retain existing ones. With exciting developments, will you add RBLX stock to your list?
Coursera is a leading online learning platform for higher education. Started in 2012, Coursera has grown rapidly to become a popular name for online learning. The platform currently has more than 77 million registered users. Impressively, it has partnered with more than 200 universities and industry educators to deliver courses to the public. Since the company’s shares launched in late March, COUR has increased by more than 10%. The pandemic has certainly benefited Coursera as registered users increase more than 60% throughout 2020. Revenue has also increased by over 50%.
What makes Coursera so attractive and practical is the comprehensive, flexible and cost-effective learning solution. Flexibility is certainly important for users with full-time jobs. For students in need of a cheaper alternative to college, Coursera mentioned that as well. In recent years, Coursera has been developing its game by now offering bachelor’s and master’s degrees priced between $ 9,000 and $ 45,000. Currently, both students and working adults can earn their degrees through the convenience of computers.
Coursera also has more than 380 corporate customers, up more than 50% from 2019. It looks like Coursera is on a potentially global path. While traditional brick and mortar education may not fade, it comes at a higher cost. As the education space grows, can COUR stock buy well now?
Last on the list, rental startup Airbnb is arguably a good IPO stock to watch for as the economy reopens. The company disrupted the short-term property rental and hotel markets for many years.
That said, it’s no surprise that Airbnb’s business will suffer in 2020 with strict travel restrictions. However, the company has proven to be quite resilient. The company reports 2020 revenue of $ 3.4 billion, down only 30% from 2019.
Travel demand is clearly on the rise and there is an on-going vaccination that offers hope of reopening quickly. However, some may still be cautious when going to more populated areas. This is where Airbnb has an advantage over hotels. Plus, Airbnb also offers a more affordable vacation experience, just encouraging travelers to use its platform. Airbnb is certainly poised to grow strongly when the economy reopens. With that in mind, would you like to add ABNB stock to your portfolio today?