Looking Over Two Overlooked IPOs

There was a great piece by Doug Kass the other day on how to spot bubbles in the market. I agree with his conclusion that the market may be slightly overvalued but we're not in bubble territory yet.

I also share his concern with the huge amount of IPO and follow on activity in the new issue market we have seen in 2013, which seems to be accelerating.  We saw the same phenomenon in 1999 and 2007 in front of significant market declines. Twitter (TWTR) is the poster child for excessive valuation in the current IPO space, achieving a price-to-sales valuation three times that of Facebook (FB) when that social media stock came public last year....455 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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