The following video is part of our "Motley Fool Conversations" series, in which industrials editors/analysts Isaac Pino and Brendan Byrnes discuss topics around the investing world.
In today's edition, Isaac reflects on new developments for Zipcar's stock, which spiked 9% during the first two days of trading this week on the news that Morgan Stanley initiated coverage on the stock. A respected Morgan Stanley auto analyst expressed bullishness on Zipcar, noting that the stock could be undervalued trading around $10 per share. In his opinion, "Zipcar offers a premium service and cars that people want to drive at the best locations with a brand not associated with a tired rent-a-car industry." Isaac believes his comments speak volumes about this rule-breaking company's future prospects.
Zipcar's IPO raised awareness for the company, but the company's stock has lagged the broader market since. Over time, investors will better understand these game-changing companies, and the strongest will thrive. We've identified a recent IPO stock that's poised for tremendous growth in our recent report, "Forget Facebook -- Here's the Tech IPO You Should Be Buying," which details a much better social-media stock that has a longer runway for growth than Facebook. The report won't be available forever, so click here to get access today -- it's totally free.
