My 2 Favorite 2021 IPOs for 2022 and Beyond
According to Barrons, there were over 1,000 initial public offerings (IPOs) in 2021 -- one of the largest years ever for IPOs. However, this also means that finding the highest-quality stocks out of this large pool was increasingly difficult.
With the special purpose acquisition company (SPAC) boom happening as well, this year may have been one of the most difficult for finding high-quality companies. But, I was particularly fond of two IPOs this year, and I think DigitalOcean (NYSE: DOCN) and SEMrush (NYSE: SEMR) could be some of the best-performing companies from the IPO class of 2021. Here's why.
Image source: Getty Images.
Source Fool.com