NEW YORK ( TheStreet) -- Equities have been on a pretty good ride so far this year, and some initial public offerings have done better than others. TheStreet's Debra Borchardt talked to Francis Gaskins, director of research at Equities.com, on which IPOs to watch.Diamond Resorts International will trade under DRII when its $264 million IPO comes to market. Gaskins says the stock is expensive based on some basic metrics, but it does have several positive catalysts. It does not have much competition in the timeshare space and does have nearly a half-million users that pay annual or monthly fees for points that can be redeemed at locations all around the world.
Quick Take: Consumer-Driven IPOs Are Not Created Equal
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