DLO - When Is the Right Time to Buy These 2 Hot IPOs?
Every investor chases the dream of saying that they got in on the next Amazon near its initial public offering. It's one of the reasons that we get that "IPO fever" when a new company comes public, and the stock often goes wild. Recent examples are e-commerce company Global-E Online (NASDAQ: GLBE) and payments platform company dLocal (NASDAQ: DLO) . Each recently reported strong earnings, and investors are pushing the stocks higher.
However, investors should stay aware of exceedingly high valuations that can suck the future returns out of a stock. Here is why investors could be better off remaining patient and when it might make sense to buy shares of these rising companies.
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When Is the Right Time to Buy These 2 Hot IPOs?