Investing

The Best of the Best IPOs from 2010 (MCP, BSFT, CIS, FN, HSFT, JKS, MMYT, QLIK, RP, VRA, YOKU)

We do not need to bother telling you that 2010 was a great year for stocks with a return of the economy for the 90% of you with jobs.  We probably don’t even need to bother need to tell you that it was a great year for initial public offerings.  What is interesting and what does need to be told about 2010 is how many IPOs saw legitimate exponential returns for investors even from real prices rather than just from the IPO prices that only went to a handful of favorite clients and institutions.  We have evaluated The IPO Class of 2010 and the theme has quite an Asian influence with it.

Molycorp Inc. (NYSE: MCP) took THE IPO OF 2010 award from us, but other hot post-IPO winners were BroadSoft Inc. (NASDAQ: BSFT), Camelot Information Systems Inc. (NYSE: CIS), Fabrinet (NYSE: FN), hiSoft Technology International Ltd. (NASDAQ: HSFT), JinkoSolar Holding Co., Ltd. (NYSE: JKS), MakeMyTrip Limited (NASDAQ: MMYT), Qlik Technologies, Inc. (NASDAQ: QLIK), Realpage Inc. (NASDAQ: RP), Vera Bradley, Inc. (NASDAQ: VRA), and Youku.com Inc. (NYSE: YOKU).

Molycorp Inc. (NYSE: MCP) wins THE IPO OF 2010 AWARD.  The U.S. rare earth elements speculative leader, has been on fire. Molycorp also deserves the “Being At The Right Place At The Right Time Award For 2010” if you ask us.  The company’s Mountain Pass operation is still not likely to generate any significant rare earth revenues until 2012 despite its partnerships and despite the woes of China’s rare earth quota situation.  The market cap is now over $4 billion and many feel there is a bubble forming here due to a lack of domestic product and the national security argument getting out of sight.  Still, math is math and it has performed better than all IPOs.  Molycorp traded as a busted IPO under its $14.00 IPO price before the market rally and the China issue came to pass.  The returns here… almost 300%!

The rest of the list is in alphabetical order…