After the Facebook fiasco, it is no surprise investors are hesitant to go for tech IPOs. Yet, just last week, Kayak and Palo Alto surged after their public offerings. Palo Alto provides security software, which tech analyst Andrew Tonner believes is a growing space as firewalls become more critical to businesses. Andrew also thinks Kayak has room to grow, because the company has a strong brand and demonstrated growth. Both look like good bets for the future.
If there is one thing we learned from the Facebook IPO, it's don't buy the hype. Our top tech analyst, Eric Bleeker, warned investors to forget Facebook, and told them about the tech IPO they should be buying instead. If you missed his call the first time, it's not too late: this company has room to soar.
The article Which IPO to Buy: Kayak or Palo Alto? originally appeared on Fool.com.
Andrew Tonner and Charlie Kannel have no positions in the stocks mentioned above. The Motley Fool owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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