Should Investors Jump Into This Hot IPO?
Shares of RE/MAX are up more than 20% on the day of its IPO as the rest of the market sags. Motley Fool Supernova Analyst Matthew Argersinger isn't surprised by RE/MAX's timing, though -- he thinks this is the right time for RE/MAX to IPO considering the success of its competitors, including Trulia and Zillow, which have had great runs since their IPOs. Matt thinks that the strength of residential real estate combined with low interest rates has made this a strong market for RE/MAX, but he worries about the market's future.
With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery," outlines three companies that could take off when the global economy gains steam. Click here to read the full report!
The article Should Investors Jump Into This Hot IPO? originally appeared on Fool.com.Fool contributor Mark Reeth has no position in any stocks mentioned. Matthew Argersinger has no position in any stocks mentioned. The Motley Fool recommends Zillow. The Motley Fool owns shares of Zillow. 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.