The IPO Boom of 2020: Warren Buffett BUYS 1st IPO Since 1956

Daily Profit with Ian Wyatt

Ian Wyatt is the President of Wyatt Investment Research. He has been helping regular investors uncover hidden growth opportunities by beating the market and finding great investments at attractive prices. Ian has been actively investing in the stock market for the past 30 years. He's also spent more than 20 years publishing his investment ideas online to help fellow investors benefit from his successes and failures.

Ian Wyatt is also the host of the Daily Profit Podcast.

In this episode…

The COVID-19 pandemic has affected many people and businesses for the better part of 2020. As the year comes to a close, there is still a lot of uncertainty about the future and what to expect, and, therefore, many businesses have been cautious with investments.

However, a high number of companies have decided to go public and trade on the stock exchange this year. This IPO (initial public offering) boom has been driven by specific growth sectors in the market, as well as the actions of the Federal Reserve. So what does this mean for the rest of 2020, and where should you start investing now?

In this episode of The Daily Profit Show, Ian Wyatt talks about the current IPO boom and explains why there has been a tremendous increase in the number of companies going public. He also shares the IPOs that have been performing very well despite the COVID-19 pandemic—and why Warren Buffet decided to invest in an IPO for the first time since 1956. Stay tuned.