The Best New Stocks to Buy in 2020 (And 2 to Avoid)
2019 was an explosive year for new stocks ... for better, and for worse.
The year greeted a plentiful number of initial public offerings (IPOs) - 160, to be exact, that collectively raised more than $46 billion. That figure included numerous notable names, including Slack Technologies (WORK) and Pinterest (PINS). Saudi Arabia even got in on the action, listing the world's largest IPO as oil giant Saudi Aramco went public at a valuation of $1.7 trillion. For context, Apple (AAPL) - heretofore Earth's largest company - currently is worth $1.4 trillion by market value.
Should you buy new stocks? Well, for one, you might already own them, in one way or another. Pensions, mutual funds, even insurers invest in IPOs. But it's one thing to own a tiny percentage along with a giant basket of other stocks - it's another to buy a single IPO that could end up representing a few percent of your overall portfolio.
Still, these newly public stocks are often in their early growth stages, making them fraught with risk but also full of upside potential. It's often best to wait a few months after an offering to allow
