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  • Kiplinger

    Here Come the Hot IPOs

    by Ryan Ermey, Staff Writer, Kiplinger's Personal Finance Nov 29, 2018 4 minutes

    The Chinese zodiac tells us that 2019 is the year of the pig, but investors in initial public offerings may begin calling it the year of the unicorn. The mythical beast is also the nickname for privately held start-up companies valued at $1 billion or more, and a herd of them may be galloping to the public market this year. Analysts at Renaissance Capital, a provider of IPO-themed exchange-traded funds and research, say that companies on track for 2019 IPOs include ride-sharing companies Uber and Lyft, photo-sharing app Pinterest, popular workplace messaging app Slack and stationary bike seller Peloton. Renaissance says offerings are also possible from home-rental platform Airbnb, Elon Musk-led aerospace firm SpaceX and Greek-yogurt maker

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