Tag: PINS

First Twitter is Taken Over: What Stock is Next?

by Fred Fuld III

I’m sure all of you have heard the news that Elon Musk is buying Twitter (TWTR) for $44 billion at $54.20 per share. What some investors are wondering is if there are any other companies that may be bought out.

Twitter falls into the category of Internet Content & Information. Obviously, some of these stocks are extremely large and unlikely to be bought by anyone or any company. But anything is possible. Plus, with the stock market in general, some of these companies might be reaching a favorable buy range.

The following companies are all Internet Content & Information companies, all are profitable with all but one having price to earnings ratios less than 40, all have sales growth over the last five years in excess of 5%, and all have earnings per share growth this year of over 10%.

Company Symbol Market Cap P/E
Meta Platforms, Inc. FB 552.56B 13.56
Gaia, Inc. GAIA 111.99M 28.78
Alphabet Inc. GOOGL 1742.60B 21.93
Pinterest, Inc. PINS 14.23B 39.14
Shutterstock, Inc. SSTK 2.94B 31.57
Yelp Inc. YELP 2.57B 67.07

Keep an eye on these companies during the next few weeks.

 

Disclosure: Author didn’t own any of the above at the time the article was written.

Upcoming IPOs

by Fred Fuld III

Were you able to get any IPO shares of Zoom Video (ZM), Pinterest (PINS), or Greenlane (GNLN)? If you did, you made out like a bandit.

Zoom closed up 72% for the day. Pintrest was up over 23$. And Greenlane traded over 20% from its IPO price.

If you want to get in on one of these popular IPOs, try calling your broker. One brokerage firm will let you get in on an IPO as long as you qualify. The qualification is either an account with over $250,000 in assets OR an account with over 60 trades in the last 90 days.

Just because you are approved, doesn’t necessarily mean that you will get shares. The firm has to be part of the underwriting, and it has to have enough shares to distribute to all its interested clients.

So if you are looking for upcoming IPOs, here is a list:

HEALTH SCIENCES ACQUISITIONS CORP HSACU
SONIM TECHNOLOGIES INC SONM
CONVERSIONPOINT HOLDINGS, INC. CPTI
CORTEXYME, INC. CRTX
SOUTH PLAINS FINANCIAL, INC. SPFI
MILESTONE PHARMACEUTICALS INC. MIST
MAYVILLE ENGINEERING COMPANY, INC. MEC
APPLIED THERAPEUTICS INC. APLT
NEXTCURE, INC. NXTC
PARSONS CORP PSN
AXCELLA HEALTH INC. AXLA
DIAMOND EAGLE ACQUISITION CORP.
UBER TECHNOLOGIES, INC UBER
AGBA ACQUISITION LTD AGBAU
RED RIVER BANCSHARES INC RRBI
SO-YOUNG INTERNATIONAL INC. SY
ACT II GLOBAL ACQUISITION CORP. ACTTU
TREVI THERAPEUTICS, INC. TRVI
TRANSMEDICS GROUP, INC. TMDX
SCIPLAY CORP SCPL
BRICKTOWN BREWERY RESTAURANTS LLC BEER
IHEARTMEDIA, INC.
POSTAL REALTY TRUST, INC. PSTL

Maybe some of these will skyrocket, but be careful. Lyft (LYFT) has dropped substantially since its IPO price.

Disclosure: Author owns LYFT indirectly.