Thursday, September 24, 2009

Top Five IPOs of 2009 (Part I)

Tate Dwinnell

Seeking Alpha

The first half of 2009 brought us some memorable IPOs, but for the most part it was forgettable. As we approach the final quarter of the year with a flurry of IPOs expected to price in the coming days, I thought I’d rank what I think are the top IPOs of 2009. Please note that these are not ranked solely on performance, but rather on fundamentals such as earnings and sales growth, ROE and margins. No, this is not an extremely scientific ranking. You data junkies can crunch the numbers and run through your algorithms elsewhere.