Several trends will define equity markets in 2021. Investors have pushed many of these young companies to all-time highs in a matter of weeks, if not days. Therefore today, we will look at seven new stocks to buy in the coming weeks, especially if there is a short-term decline in their prices.
So what about all of the new stocks in 2020? Market
participants can get a sense for these names via the Renaissance IPO ETF
(NYSEARCA:IPO). It provides exposure to a range of newly public U.S.-listed
companies, prior to their inclusion in core U.S. equity indices. So far in the
year, the fund is up over 68%.
There are risks and rewards of buying IPO stocks. Thus, due
diligence is necessary on the part of potential investors. Against this
backdrop. New stocks up coming in weeks.
Now here are seven new stocks to buy:
- Direxion Work From Home ETF (NYSEARCA:WFH)
- Dun & Bradstreet (NYSE:DNB)
- Global X Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG)
- Lemonade (NYSE:LMND)
- Renaissance International IPO ETF (NYSEARCA:IPOS)
- Royalty Pharma (NASDAQ:RPRX)
- SPDR S&P 500 ESG ETF (NYSE:EFIV)
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