3 Recent IPOs to Watch in 2020
Investing in small new companies is always a gut-wrenching endeavor requiring discipline and patience -- 2019 was proof of that. In a tale of two markets, IPOs could seemingly do no wrong through the first half of the year as investors greeted them with open arms and asked few questions. The resulting inflated valuations on many of these stocks reversed course starting in the autumn, though, with many recent IPOs now back near or under their public debut pricing.
If some of these upstart firms can maintain their growth, though, now would be a good time to test the waters and make some small purchases. Three I have my eye on at the start of 2020 are Datadog (NASDAQ: DDOG), Cloudflare (NYSE: NET), and CrowdStrike (NASDAQ: CRWD).
Metric (First Three Quarters of 2019)
Source Fool.com
