Find The Best Stocks With Perfect Trade Setups In Minutes A Day

Stop wasting time looking for the right stocks.  Free training on how to find perfect stock trades that can move 300-1,500%.  Learn the # 1 key to successful stock investing and how to find success even If the market is crashing, rebounding… or just going sideways. (ad)

Do Not Delay - Click Here Now


Here Are the 5 IPOs Hitting the Market This Week

The U.S. IPO market looks poised to heat back up this week following last week’s largely uneventful calendar of four debuts.

Hey, did you know if you really want to retire early, this free training lays it all out for you! Check it out here.

The runaway winner was Revolve Group LLC (RVLV), which hit the market last Thursday, June 6 and raised $212 million by selling 11.8 million shares at the high end of the $16-$18 range. Shares of the millennial-focused retailer also popped a massive 89% on the first day, the third-best opening-day performance of 2019 so far. That overshadowed the other three IPOs: two blank check firms Haymaker Acquisition Corp. II (HYACU) and GigCapital2 Inc. (GIX.U) as well as the Chinese online tutoring firm GSX Techedu Inc. (GSX). HYACU managed a negligible 1% first-day return, while GIX.U and GSX saw a flat first-day performance.

Here’s a rundown of this week’s calendar, which, among others, includes a giant pet food retailer and a marketplace for freelancers…

No. 5: G Medical Innovations Holdings Ltd. (GMVD)

G Medical is a commercial healthcare firm developing mobile applications that can track and monitor vital health signs, particularly related to cardiovascular disease and diabetes. The young company was only founded five years ago, which is reflected in the modest $3 million in sales booked last year. While G Medical is based in the United Kingdom, shares actually already trade on the Australian Stock Exchange (ASX) under the ticker “GMV” and are down 18.5% year-to-date.

The company is expected to sell 1.4 million American shares at exactly $10.50 apiece for a total deal size of $15 million. That would give it a market cap of roughly $81 million. The top underwriter is HC Wainwright and shares will list on the Nasdaq under the ticker “GMVD.”

No. 4: Mohawk Group Holdings Inc. (MWK)

Mohawk is a consumer products company that employs artificial intelligence (AI) and machine learning technologies to its data gathering in order to sell its products. Founded in 2014 and backed by Google Ventures, Mohawk specifically sells goods through popular online retailers like Inc. (AMZN), with product categories including kitchen appliances, consumer electronics, and beauty products, among others. While the firm lost $31.8 million last year, revenue more than doubled to $73.3 million. That’s solid growth for such a young company.

The IPO is set to raise $50 million by selling 3.33 million shares between $14 and $16 each. At that size, it will target a market cap of $271 million. The top bookrunners include Roth Capital Partners and Alliance Global Partners (AGP). Shares will list under “MWK” on the Nasdaq.

No. 3: Fiverr International Ltd. (FVRR)

Based in Israel, Fiverr is an online marketplace for freelance services and job outsourcing. It boasts a presence in many high-growth markets, including the U.S., U.K., Australia, and New Zealand, where it collectively earns 70% of total revenue. Although it’s currently unprofitable, the losses appear to be slimming down – Fiverr lost only $8.3 million in Q1 2019, a sharp improvement from $16.3 million a year ago. However, the IPO comes at a tricky time for freelance companies, as biggest competitor Upwork Inc. (UPWK) is currently back down to its IPO price near $15 a share.

Fiverr is expected to generate $100 million by offering 5.26 million shares between $18 and $20 each for a $635 million market cap. Heavy hitters like JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) will lead the underwriting. The stock will trade on the New York Stock Exchange (NYSE) under the ticker “FVRR.”

No. 2: CrowdStrike Holdings Inc. (CRWD)

CrowdStrike is a cybersecurity company that also happens to be yet another tech unicorn joining the markets this year following such high-profile debuts from Uber Technologies Inc. (UBER), Lyft Inc. (LYFT), and Pinterest Inc. (PINS). However, the firm – which provides cloud-based security software – bucks the recent trend of very few cybersecurity IPOs, with the only 2019 deal being Tufin Software Technologies Ltd. (TUFN). Investors will want to see CrowdStrike reduce its losses from the near-steady levels it’s seen over the last year.

The firm will raise $522 million by selling 18 million shares at a price range of $28-$30. That would provide a massive market cap of $6.5 billion. Underwriters include JPMorgan and Goldman Sachs Group Inc. (GS), and shares will list under “CRWD” on the Nasdaq.

No. 1: Chewy (CHWY)

This week’s biggest and most anticipated debut is Chewy, the online pet food retailer being spun off by national pet product retailer PetSmart. itself offers a selection of more than 1,600 brands and has delivered more than 100 million orders since its inception in 2011. The financials are trending in the right direction – losses lessened from $338.1 million in 2017 to $267.9 million last year, and revenue grew 68% year-over-year to $3.53 billion in 2018.

Chewy is set to generate $749 million by selling 41.6 million shares at a price range of $17-$19. A deal of that size would give the company a market cap of $7.6 billion. Morgan Stanley (MS) and JPMorgan are the primary underwriters. Shares will list on the NYSE under the ticker “CHWY.”

By the way, if you liked this article, you'll LOVE this Meaty free training I just published on the top 3 questions and challenges every investor faces AND how to overcome them. It's titled "10k into $2.4 Million in 18 months" and you can grab it for free here

There are risks inherent in all investments, which may make such investments unsuitable for certain persons. These include, for example, economic, political, currency exchange, rate fluctuations, and limited availability of information on international securities. You may lose all of your money trading and investing. Do NOT enter any trade without fully understanding the worst-case scenarios of that trade. And do NOT trade with money you cannot afford to lose. Past performance of an investment is not necessarily indicative of its future results. No assurance can be given that any implied recommendation will be profitable or will not be subject to losses. Information provided by the Company is not investment advice. The Company is not a registered investment adviser, stock broker, or brokerage. You agree that the Company does not represent, warrant, or take responsibility that any account will or is likely to achieve profit or losses similar to those shown. Examples published by the Company are selected for illustrative purposes only. They are not typical and do not represent the typical results of all stocks within the Companys software or its individual scans and searches. No independent party has audited any hypothetical performance contained at this Web site, nor has any independent party undertaken to confirm that they reflect the trading method under the assumptions or conditions specified.

FREE TRADING WEBINAR - TRADERSPRO PRESENTS: Starting With Only $10,000 Retire With $2.4 Million? Click Here Now

Join Us Now