This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Top IPOs of 2009: Five Stocks to Watch

NEW YORK ( TheStreet) -- Initial public offerings in 2009 were a tale of two drastically different worlds.

The year started at a snail's-pace for all the obvious reasons, with no deals whatsoever coming to market until February. Even then, a mere 14 IPOs were completed in the first half of the year.

But by the fall, the market had regained speed. In particular, October and November were stellar months, both seeing double-digit deals. In terms of the sheer volume of IPOs, the fourth quarter alone is on track to beat the rest of the year combined.

By the end of 2009, 63 companies had gone to market this year. That compared with 31 total deals in 2008. "We are now back to a normally functioning IPO market," says Bill Buhr, IPO strategist at Morningstar.

(One interesting note: The top three IPOs of 2009, as measured by stock returns, came from China. This isn't surprising, considering that investors are looking for growth, says Eric Guja, research analyst at Renaissance Capital -- and China is, of course, where today's growth is.)

Buhr says this momentum should extend into the New Year -- although any volatility in the markets could stymie deals. And although there are no blockbuster deals in the pipeline, there are many are solid companies. "These aren't sexy names," Tim Walker, industry expert at Hoover's, says. "They are coming to the market in a reasonable manner, at a fair price and are being bought at rational premiums."

With this as a background, we present the Top Five IPOs of 2009, in terms of stock performance. Each merits attention moving into 2010 -- and offers insight to which new offerings might break-out in the coming year.

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
LIWA $0.01 -0.76%
CSCO $29.51 -1.30%
CYOU $28.00 -2.00%
GE $25.99 0.39%
HP $67.05 1.30%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs