We talked about the ARM IPO the other day. This IPO is going to be priced at the high end of the range.
That means that ARM is not likely to pop as it goes public.
Now InstaCart, which is due to go public next week under the ticker symbol CART is a different story.
They’ve significantly reduced the amount of money then plan to raise, so this makes it more likely that CART will pop when it goes public.
Now, I’m not saying you should trade either one.
But if you have IPO fever, CART could be a much better play.
But an even BETTER play? That’s easy.
So what’s the better play?
Step 1: Get over your IPO fever
Step 2: Instead, do what I do every single week.
Every single week no matter what the market is doing.
Every single week without having to wait for IPOs or Fed news… Or even for markets to cooperate.
Curious? Click here to learn more.
Trade Well,
Jack Carter