Five IPOs That Are Worth a Look

Some recent offerings have stumbled and some have soared, so investors need to review the new debuts with caution. Here are some of our picks

It's not exactly 1999 redux, but companies are still lining up to test the waters of the initial public offering market even amid choppy weather for major equity indexes (see BusinessWeek.com, 6/14/06, "IPOs Keep Rolling On"). Despite the difficulties involved, some outfits have even made dramatic entrances. The latest example: the June 28 debut of J. Crew (JCG). The apparel retailer closed its first day of trading at $25.55, up more than 25% from its $20 pricing, which was at the high end of the company's forecasted range.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.