Saturday, March 8, 2014

2010 US IPOs: Tesla Motors Up 927%, Oil&Gas Up 161%, Health Care Stocks Up 109% and Technology Stocks Up 79% Under Obama, Democratic US Senate and the US Fed

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 76 US Company IPOs in the year 2010, more than double the 34 in 2009, and more than four times the 17 in 2008, where the Company has its common stock still trading and it also has a Market Capitalization of more than $100 mil presently.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.  The superb Yahoo Finance website was also utilized.

Of these 76, 17 are Technology Companies, 15 are Services, 9 are REITs and 12 are Other Financials.

Tesla Motors led the way with 927% stock price appreciation through March 7, 2014.  I didn't include Tesla with the 17 Technology Companies, but in my mind it is mainly a Technology-driven Company.

The 3 Oil & Gas Companies with 2010 IPOs had their average market price increase by a very robust 161% through March 7, 2014, led by Oil & Gas Pipeline Company Targa Resources Investments. 

The 7 US Health Care Company IPOs in 2010 had their average stock price increase by a very impressive 109% through March 7, 2014, led by two Biotechs.....there's that Tech word again.....with both of them having their stock market price increase by more than 300%.

The huge number of 17 US Technology Company IPOs in 2010 had their average stock price increase by an impressive 79% through March 7, 2014, with two Application Software Companies leading the way with stock price increases of at least 250% each.  And 5 of the 9 best-performing Technology Stocks were Application Software Companies.

In the Services Sector, the leader was FleetCor Technologies.....there's that Technology word again.....with a stock market price increase of 350%.

There were 9 2010 IPOs related to US REITs, whose average stock price increase was a seemingly modest 17% through March 7, 2014, but then to keep its tax-exempt status, the REIT must distribute at least 90% of its taxable income in each year.

There were a huge number of 12 Financial IPOs in 2010 other than REITs.  Eleven of the 12 had stock market price increases through March 7, 2014.

In addition to these 76 US IPOs in 2010, there were another 10 US IPOs in 2010 where the Company was acquired subsequently.  Their average stock market price increase for the very short period from IPO date to stock sale date was 51%, led by Drug Company Trius Therapeutics, which experienced 180% stock market price growth between IPO and stock sale date.

It should also be pointed out that this very nice average stock market price growth for all of these 2010 US IPOs as well as the more than 300% increase in the number of US IPOs over 2008 both occurred when the US Senate was in Democratic Control.

Below here are the stock market prices of these 86 US Companies having IPOs in 2010 on March 7, 2014 or the Company sale date and also on the first day IPO closing market price in 2010, along with the related % Change for this period of time:





1st Day





IPO
2010


3-7-14 Closing
IPO


Market Market %
Date Company Sector Industry Price Price Change








Technology




4/22/10 SPS Commerce  Technology Application Software $71.15 $13.60 423%
12/15/10 RigNet  Technology Wireless Communications $52.46 $12.55 318%
6/16/10 BroadSoft  Technology Application Software $29.01 $8.30 250%
3/31/10 SS&C Technologies Holdings  Technology Business Software & Services $40.75 $15.08 170%
9/24/10 SciQuest  Technology Application Software $29.83 $12.27 143%
7/16/10 Qlink Technologies  Technology Business & Software Services $30.00 $12.80 134%
3/11/10 Sensata Technologies  Technology Scientific & Technical Instruments $41.23 $18.50 123%
10/1/10 The KEYW Holding  Technology Application Software $21.60 $11.38 90%
8/12/10 RealPage  Technology Application Software $18.46 $14.52 27%
8/6/10 Intralink Holdings  Technology Security Software & Services $10.95 $9.61 14%
11/19/10 Aeroflex Holdings  Technology Semiconductor-Integrated Circuits $8.41 $12.67 -34%
5/13/10 TeleNav  Technology Scientific & Technical Instruments $6.35 $9.80 -35%
3/24/10 Calix Networks  Technology Communication Equipment $8.78 $15.10 -42%
3/24/10 MaxLinear  Technology Semiconductor Equipment&Matls $9.85 $18.70 -47%
2/11/10 QuinStreet  Technology Internet Software & Services $6.78 $15.00 -55%
4/29/10 Alpha and Omega Semiconductor  Technology Semiconductor-Specialized $7.80 $17.70 -56%
3/31/10 Meru Networks  Technology Wireless Communications $4.72 $19.17 -75%

Average % Change all 17 Technology


79%








Health Care




10/22/10 Aegerion Pharmaceuticals  Healthcare Biotechnology $55.53 $10.80 414%
11/24/10 Anacor Pharmaceuticals  Healthcare Biotechnology $21.16 $5.09 316%
5/28/10 GenMark Diagnostics  Healthcare Medical Appliances & Equipment $12.49 $6.00 108%
2/3/10 Ironwood Pharmaceutical  Healthcare Drugs- Generic $13.88 $11.65 19%
11/23/10 Zogenix  Healthcare Drug Manufacturers-Major $4.04 $3.98 2%
4/22/10 Alimera Sciences  Healthcare Drug Manufacturers-Major $6.63 $11.00 -40%
10/27/10 Pacific Biosciences of California  Healthcare Biotechnology $6.67 $16.44 -59%

Average % Change all 7 Health Care


109%








Services




12/15/10 FleetCor Technologies  Services Business Services $125.88 $27.75 354%
7/29/10 Envestnet  Services Business Services $43.73 $10.23 327%
12/16/10 Swift Holdings  Services Trucking $26.44 $11.10 138%
10/28/10 ExamWorks Group  Services Business Services $35.60 $16.80 112%
5/13/10 Roadrunner Transportation Services  Services Air Delivery & Freight Services $25.45 $13.75 85%
11/17/10 Booz Allen & Hamilton  Services Management Services $21.88 $19.25 14%
5/13/10 Express  Services Apparel Stores $18.47 $16.75 10%
11/5/10 The Fresh Market  Services Grocery Stores $33.16 $32.11 3%
10/21/10 Bravo Brio Restaurant Group  Services Restaurants $15.55 $15.90 -2%
5/20/10 ReachLocal  Services Advertising Agencies $10.45 $12.66 -17%
5/20/10 Accretive Health  Services Management Services $8.23 $12.74 -35%
7/16/10 RealD  Services Movie Production Theatres $11.50 $19.51 -41%
8/5/10 Gordmans Stores Services Home Furnishing Stores $6.39 $11.03 -42%
6/17/10 Higher One Holdings  Services Business Services $8.00 $14.27 -44%
7/22/10 Green Dot  Services Business Services $21.29 $43.99 -52%

Average % Change all 15 Services


54%








Oil & Gas




12/7/10 Targa Resources Investments  Basic Materials Oil & Gas Pipelines $98.37 $24.70 298%
6/17/10 Oasis Petroleum  Basic Materials Independent Oil & Gas $43.98 $14.88 196%
7/29/10 Access Midstream Partners LP Basic Materials Oil&Gas Equipment&Services $57.54 $22.40 157%
12/17/10 QR Energy, LP  Basic Materials Independent Oil & Gas $18.60 $19.60 -5%

Average % Change all 4 Oil & Gas


161%








Auto & Auto Parts




6/29/10 Tesla Motors  Consumer Goods Auto Manufacturers-Major $246.21 $23.98 927%
5/5/10 Douglas Dynamics  Consumer Goods Auto Parts $16.10 $11.29 43%
11/18/10 General Motors Company  Consumer Goods Auto Manufacturers-Major $37.69 $34.19 10%

Average % Change all 3 Auto & Auto Parts


327%








Financial




3/16/10 Financial Engines  Financial Asset Management $58.65 $17.25 240%
4/1/10 Primaerica  Financial Life Insurance $46.20 $19.65 135%
12/9/10 First Republic Bank  Financial Banks $52.92 $27.92 90%
6/15/10 CBOE Holdings  Financial Diversified Investmrnts $57.28 $32.49 76%
3/24/10 First Interstate BancSystem  Financial Regional Banks $26.77 $15.70 71%
11/18/10 LPL Financial Holdings Financial Investment Brokerage-National $53.61 $32.15 67%
12/15/10 Walker & Dunlop  Financial Real Estate Development $16.18 $9.90 63%
1/22/10 Symetra Financial  Financial Life Insurance $20.42 $12.75 60%
12/15/10 GAIN Capital Holdings  Financial Investment Brokerage-National $10.23 $8.85 16%
10/8/10 Ellington Financial LLC  Financial Mortgage Investment $24.14 $21.75 11%
12/2/10 FXCM  Financial Investment Brokerage-National $16.21 $14.85 9%
12/17/10 Fortegra Financial  Financial Property & Casualty Insurance $7.19 $11.00 -35%

Average % Change all 12 Financial


67%








Other Sectors




2/11/10 Generac Holdings  Industrial Goods Diversified Machinery $59.24 $12.84 361%
10/15/10 Tower International  Industrial Goods Metal Fabrication $26.62 $13.00 105%
10/21/10 Vera Bradley  Consumer Goods Textile-Apparel Accessories $27.66 $24.85 11%
7/22/10 Ameresco  Industrial Goods Industrial Electrical Equipment $10.11 $10.17 -1%
5/12/10 Niska Gas Storage  Utilities Gas Utilities $13.39 $19.10 -30%
9/30/10 Rhino Resources Partners  Basic Materials Nonmetallic Mineral Mining $12.57 $21.10 -40%
5/14/10 Noranda Aluminum Holding  Basic Materials Aluminum $5.03 $8.80 -43%
7/29/10 Molycorp  Basic Materials Industrial Metals & Minerals $4.97 $12.85 -61%
9/28/10 Amyris  Basic Materials Specialty Chemicals $4.52 $16.50 -73%

Average % Change all 9 Other Sectors


26%








REITs




9/23/10 CoreSite Realty  Financial REIT-Office $30.82 $16.01 93%
1/22/10 Chesapeake Lodging Trust  Financial REIT-Hotel/Motel $26.07 $19.00 37%
6/24/10 Hudson Pacific Properties  Financial REIT-Office $22.83 $17.40 31%
8/26/10 Whitestone REIT  Financial REIT-Diversified $14.50 $11.50 26%
2/10/10 Piedmont Office Trust Realty  Financial REIT-Office $16.93 $15.60 9%
4/16/10 Chatham Lodging Trust  Financial REIT-Hotel/Motel $20.75 $20.50 1%
2/10/10 Terreno Realty  Financial REIT-Industrial $18.35 $18.65 -2%
4/23/10 Excel Trust  Financial REIT-Diversified $12.57 $13.30 -5%
10/14/10 Campus Crest Communities  Financial REIT-Diversified $8.46 $12.51 -32%

Average % Change all 9 REITs



17%








Companies Acquired




8/3/10 Trius Therapeutics  Healthcare Drug Manufacturers $14.00 $5.00 180%
2/11/10 Graham Packaging  Consumer Goods Rubber & Platics $25.50 $10.20 150%
10/28/10 SeaCube Container Leasing  Services Equipment Leasing $23.00 $11.00 109%
8/11/10 MediaMind Technologies  Services Business Services $21.81 $11.00 98%
4/29/10 Convio  Technology Application Software $16.07 $10.24 57%
10/19/10 NetSpend Holdings  Financial Finance Services $15.98 $13.00 23%
4/9/10 Metals USA Holdings  Services Wholesale Metal Service Centers $20.65 $19.20 8%
4/30/10 PAA Natural Gas Storage  Basic Materials Natural Gas Transmission $23.00 $23.25 -1%
8/6/10 NuPathe  Healthcare Drug Manufacturers $4.25 $9.25 -54%
11/11/10 Complete Genomics  Healthcare Physical & Biological Research $3.15 $8.03 -61%

Average % Change all 10 Companies Acquired


51%