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3 IPO Breakouts & 3 More to Watch


Initial public offering, or IPO… This is the term that gets traders all excited. And there is a specific reason for this excitement – money!

Today, I’m going to give you the lay of the land for IPOs – and more importantly give you three IPOs that have broken out to become surge stocks

Plus three more primed to surge right now.

So far this year, there have been nine IPO stocks that more than doubled their price from their issuance and market debut, according to specialist investment company Renaissance Capital.

And there have been plenty more that have surged in price since their offering in the public market.

There’s a big appetite for IPOs this year, with 250 deals priced so far through the beginning of August. This is up by 191% from a year ago.

So, investment bankers have been busy. And they’ve done their job, with $89 billion in capital raised according to further data from Renaissance.

The total for the year is projected to exceed the record from decades ago that should exceed $97 billion.

Now, a chunk of these IPOs have come from the SPAC (Special Purpose Acquisition Corporation) market, which is a structure that simply sets up a blank-check company that in turn buys a public or private company with the proceeds.

However, according to Barclays PLC (BCS), US regulatory scrutiny as well as rising skepticism by investors and traders have sent SPAC IPOs plunging in number last quarter by 87%.

So, what the IPO market is left with are more pure company plays that are entering the public market.

And it has been a hot, very hot, market for traders and not just for year to date – but since March of last year.

Renaissance Capital has its own index, the Renaissance IPO Index, that has a return from March 2020 to now of 202.2%.

Renaissance IPO Index — Chart Source: Renaissance Capital & Bloomberg

All of this means that IPOs are a major source of potential profits for traders – just like you and me.

And I’m going to lay out three recent IPO stocks that are surging now – and three more that are ready to potentially surge for you.

Of course, these are all separate from our surge stocks that we’ve been in for this week inside Traders Daily Direction.

For the current stocks for this week that have made my cut for the Watch List for Traders Daily Direction, I have the full list and trading details all put together for you. 

For the full Watch List for this week, click here now.

Breakout IPOs Now Surging

Candel Therapeutics

Candel Therapeutics (CADL) is a biopharmaceutical company focused on cancer treatments.

This is a major market with patients eager for anything that will prolong their lives at any cost.

Daily Chart of Candel Therapeutics (CADL) — Chart Source: TradingView

And I got interested in this stock as it got set up post its IPO in trading including volume.

Phillips Edison & Company

Phillips Edison & Company (PECO) is a real estate investment trust (REIT) that is focused on one of the least likely of exciting REIT IPOs.

It is in shopping centers. Yep, shopping centers – the bane of both consumers and investors as online shopping was already decimating physical stores well before lockdowns sent them over the cliff.

But each shopping center sits on valuable real estate that can be repurposed or redeveloped – or just better managed for more profits currently as well as in the future.

Daily Chart of Phillips Edison & Company (PECO) — Chart Source: TradingView

This is what is driving the stock right now that got me interested in the trade.

Bridge Investment Group

Bridge Investment Group (BRDG) is another REIT that is focused on both real estate investments as well as financing and debt trading.

The REIT is currently focused on strategically located commercial and multifamily residential properties.

REITs continue to outperform the general US stock market as measured by both the general Bloomberg US REIT Index and the S&P 500 Index.

REITs have returned 25.7% year to date against the S&P 500 Index’s return of 19.5%.

And the valuation of REITs is at a significant discount to the average stock inside the S&P 500 Index.

Daily Chart of Bridge Investment Group (BRDG) — Chart Source: TradingView

I got interested in Bridge as the stock trading set up a surge stock.

IPO Breakouts in the Making

TScan Therapeutics

TScan Therapeutics (TCRX) is another biotech company that is focused on utilizing the body’s immune system to counter a variety of diseases.

It specifically is working on so-called T Cell immunity systems that works with the body’s T cells to counter various intruder cells that can result in dire illness or death.

Again, this is one of the nirvana treatment mechanisms for a wide variety of illnesses that if they work represent windfalls for the company and its investors.

Daily Chart of TScan Therapeutics (TCRX) — Chart Source: TradingView

I am watching the trading right now for a potential set up to be able to trade into the stock.

HCW Biologics

HCW Biologics (HCWB) is another biotech/biotherapeutics company that is working on the fountain of youth.

There are millions of baby boomers that want to live forever. And thanks to the largess of Medicare, they are demanding that all costs be set aside as they want money spent to give them immortality.

This is a money-focused company that is working on limiting lower grade inflammation and age-related ailments to prolong life – at a good price.

Daily Chart of HCW Biologics (HCWB) — Chart Source: TradingView

I am watching this stock for a set up to be able to buy it – so stay tuned.

F45 Training Holdings

F45 Training Holdings (FXLV) is a fitness services company that focuses on local facilities that are done via franchises.

Fitness is a continuing want by nearly everyone in the US and beyond.

And for all of those wanting fitness, there are a similar number that are looking for a short-cut for more efficient regimens that will get them to their goals.

The lockdowns were not good for the company – but that is in the past.

Now, we’re eyeing the return for in-person treatments – complete with fee-paying customers that will fuel franchise sales and franchise fees.

Daily Chart of F45 Training Holdings (FXLV) — Chart Source: TradingView

I’m watching this stock for the right set up right now for what could become another great IPO surge stock.

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