Please ensure Javascript is enabled for purposes of website accessibility

5 of This Year's Hottest IPOs

By Rick Munarriz – Apr 3, 2013 at 10:30AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Let's take a look at five of the first quarter's biggest debutantes.

It was a reasonably quiet start for the incoming class of 2013.

More than two dozen companies went public during the first three months of the year. Some companies never got out of the gate. Toys R Us decided to hold off on its IPO this past weekend, for example. Some of the rookies that did make it out stumbled, currently trading for less than their initial price tags.

Let's turn our attention to the winners. Nearly half of the first quarter's debutantes came through with double-digit gains. Let's take a look at some of the best performers.



April 2, 2013


ExOne (XONE)




Norwegian Cruise Lines (NCLH -0.86%)




Artisan Partners (APAM -0.35%)




Model N (MODN -0.03%)








Source: The Wall Street Journal.

ExOne was the hottest performer of the 2013 newbies. Even though the established darlings of 3-D printing have buckled this year after huge gains in 2012, this provider of industrial 3-D printing machines and printed products nearly doubled out of the gate.

ExOne posted its first quarterly report as a public company last week. It's still early in its growth cycle, selling just eight machines during the holiday quarter. It did manage to post a quarterly profit on a mere $12.7 million in revenue, and is targeting revenue to grow 65% to 80% in 2013.

Norwegian Cruise Lines was the quarter's second-biggest winner, overcoming more mishaps at its larger rival to coast along for a big gain. Interrupted sailings on the Carnival Triumph and Carnival Destiny dealt the cruise industry blows that will probably result in soft bookings for all players. Horror stories from the powerless Carnival Triumph in particular made cruising a popular punch line during the period. However, as the global economy improves, NCL and its fellow cruise lines should return to glory.

Artisan Partners Asset Management proved to be as good an investment as some of its mutual funds. The money manager is best known for the top-performing Artisan International Value Investor, a fund that, according to Morningstar, has beat out 99% of its peers over the past one-, three-, five-, and 10-year periods. Investors are turning to ETFs as an alternative to traditional mutual funds, but it's hard to bet against a proven money manager.

Model N is a fast-growing player in enterprise software, offering revenue management solutions for the high-tech and medical industries.

"Customers lose tens of billions each year by leaving money on the table because they do not effectively manage pricing, rebates/incentives and contracting," Model N's CEO told Forbes' Tom Taulli as it went public. Simply replacing the systems already in place is at least a $5 billion market.

Finally, we have Aviv. Unlike most real estate investment trusts that specialize in housing or commercial properties, Aviv currently owns 258 nursing homes. The company leases them out to experienced operators, passing on most of its funds from operations to its investors.

It was a strong start for these five winners. Now let's see which debutantes shine in the second quarter.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Stocks Mentioned

Norwegian Cruise Line Holdings Stock Quote
Norwegian Cruise Line Holdings
$16.07 (-0.86%) $0.14
ExOne Stock Quote
Model N Stock Quote
Model N
$38.50 (-0.03%) $0.01
Artisan Partners Asset Management Stock Quote
Artisan Partners Asset Management
$34.57 (-0.35%) $0.12

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.