It's been IPO palooza for the first half of 2019!
As of today, June 12, 2019, there have 81 IPO's.
Chewy (CHWY) , TheRealReal (REAL) , Beyond Meat (BYND) , Zoom Technologies Inc. (ZOOM) , CrowdStrike, Slack Technologies Inc. (WORK) and Luckin' Coffee (LK) are among the most recent. If you were one of those retail investors who just sat on the sideline, you might be asking... did I blow it? Well, our fearless leader, Jim Cramer had this to say on CNBC's Mad Money.
"The bottom line? With many of these recent IPOs, you feel like an idiot for being disciplined-look at Zoom or Beyond Meat, they've made you a killing if you just forgot about traditional valuation metrics."
He added, "I know it's frustrating. Maybe you'll never get a buyable pullback in some of these names, but you need to realize that sooner or later there will be a correction in the class of 2019, and when that happens, I want you to keep your composure, focus on your favorite names, and be selective, so you can view the sell-off as a buying opportunity, not a calamity."
Watch the video for a look at some of the biggest IPO's this year.