Investing

The Top Four Fresh IPOs Into Early 2013 (SCTY, YY, NCLH, WGP)

The market for initial public offerings in 2013 has been rather quiet considering how well the market has been doing since the start of the year. 24/7 Wall St. took a look at the IPOs which have come public in the last 4 months or so and found four IPOs that are up 50% or more. One of those four is up over 100% since coming public.

SolarCity Corp. (NASDAQ: SCTY) may have partly helped save solar, although it is involved in the installation, and sale or lease of solar energy systems to residential and commercial customers rather than being a maker of solar panels. Its shares are still up more than 120% at $19.00 after getting an $8.00 IPO price in the first half of December. Its post-IPO range is $9.20 to $20.38 and its market cap is said to be almost $1.4 billion now.

YY Inc. (NASDAQ: YY) is the online social platform in the People’s Republic of China and its shares are also up about 73% from the November IPO price of $10.50 per ADS. At $18.16 after a 6% gain on Friday, this has a new post-IPO range of $10.50 to $18.78 and its market cap is about $966 million.

Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH) is not the cruise liner that stuck its passengers out in the Gulf of Mexico. Shares are up more than 55% even after being down 2% at $29.85 on Friday. This cruise outfit priced at $19.00 in mid-January but its post-IPO range has been $24.16 to $31.91 and its market cap is listed as $627 million.

Western Gas Equity Partners LP (NYSE: WGP) is up over 50% from the $22.00 IPO price in early December. At $34.00, its post-IPO range is $27.12 to $35.53.

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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