3 Recent IPOs to Add to Your Watchlist
With 407 companies debuting on the public markets, there was certainly no shortage of IPOs to keep track of last year. Nearly as many as the 409 companies that went public in 2018 and 2019 combined, the number of IPOs in 2020 was the highest since 2000, when 429 companies underwent the IPO process.
While the stocks of companies that have recently completed their IPOs often exhibit considerable volatility in their share prices, smart investors know that keeping a watchlist of stocks can be a valuable tool, helping them to identify potential additions to their portfolios. Though the variety of names is considerable, stretching across a wide swath of industries, savvy investors would be wise to keep their eyes on three stocks in particular: Array Technologies (NASDAQ: ARRY), MP Materials (NYSE: MP), and QuantumScape (NYSE: QS).
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Source Fool.com
