{"id":1681,"date":"2010-08-26T23:01:38","date_gmt":"2010-08-27T04:01:38","guid":{"rendered":"http:\/\/selfinvestors.com\/tradingstocks\/ipos\/top-ipos-of-2010-part-i-cis-one-fngn-gdot-spsc\/"},"modified":"2010-08-26T23:01:38","modified_gmt":"2010-08-27T04:01:38","slug":"top-ipos-of-2010-part-i-cis-one-fngn-gdot-spsc","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/ipos\/top-ipos-of-2010-part-i-cis-one-fngn-gdot-spsc\/","title":{"rendered":"Top IPO&#8217;s Of 2010 (Part I) &#8211; CIS, ONE, FNGN, GDOT, SPSC"},"content":{"rendered":"<p>We&#8217;re more than half way through 2010 and this year has seen a significant pickup in the number of quality IPO&#8217;s, so I thought I&#8217;d rank the top 10 up to this point in the year based on fundamentals.&nbsp; Part I will highlight the first five, part II the next five and I&#8217;ll follow that up with a report taking a look at some of the most promising IPO&#8217;s that may begin trading in the last quarter.<\/p>\n<p><strong><a href=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/camelot_cis_ipo.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-top-width: 0px; border-left-width: 0px; border-bottom-width: 0px; margin: 0px 10px 0px 0px; border-right-width: 0px\" height=\"48\" alt=\"camelot_cis_ipo\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/camelot_cis_ipo_thumb.png\" width=\"176\" align=\"left\" border=\"0\"><\/a> Camelot Info Systems (CIS):<\/strong> This is the highest rated IPO that I currently track with a fundamental score of 29\/30.&nbsp; The company provides enterprise application services and financial industry information technology (IT) services in China. It&#8217;s the largest provider of enterprise resource planning in China and names HP, Accenture and IBM as customers.<\/p>\n<p>Camelot has posted significant growth every year it&#8217;s been in business and that growth continues today despite a shaky world economy.&nbsp; In 2009, they experienced EPS growth of 60% and is posting record growth again this year with an estimated 113% growth for 2010.&nbsp; Revenue growth has accelerated in each of the past four quarters.<\/p>\n<p>Technically, the stock remains extremely bullish, but very overbought in the shorter term.&nbsp; After a month long flat base formation, the stock exploded higher Aug 18th and hasn&#8217;t looked back.&nbsp; It&#8217;s up nearly 50% in under two weeks and buy volume continues to come in above average.&nbsp; It&#8217;s best to look for a retracement of about 50% from the breakout point above $11, so a return to the $12 &#8211; 13 area would provide an ideal entry point.<\/p>\n<p><strong>====&gt; <\/strong><strong><a href=\"http:\/\/www.ino.com\/info\/196\/CD3587\/quotes.ino.com%252Fanalysis%252Ftrend%252F%3Fsymb=NYSE_CIS\">Click Here For Your FREE Daily Camelot Technical Analysis<\/a><\/strong> <\/p>\n<p><!--more--> <\/p>\n<p><strong><a href=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/higher_one_ipo.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-top-width: 0px; border-left-width: 0px; border-bottom-width: 0px; margin: 10px 10px 0px 0px; border-right-width: 0px\" height=\"47\" alt=\"higher_one_ipo\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/higher_one_ipo_thumb.png\" width=\"170\" align=\"left\" border=\"0\"><\/a>&nbsp;<\/strong><\/p>\n<p><strong>Higher One Holdings (ONE):<\/strong> Another top rated IPO with a fundamental score of 27\/30.&nbsp; Higher One is a company that provides technology and payment services to the higher education industry in the US, eliminating the need for paper work and checks.&nbsp; What a novel idea!&nbsp; Students are allowed to pay for tuition and other fees through credit, debit or eCheck and are provided with an FDIC insured deposit account.<\/p>\n<p>Higher One is another IPO on the path of big growth, reaching profitability after its first year in business in 2006 and not looking back.&nbsp; In 2008, earnings really accelerated with 225% growth over the previous year, followed by 138% growth in 2009 and 65% growth expected&nbsp; this year.&nbsp; <\/p>\n<p>Technically, the stock has really struggled and that may offer an outstanding opportunity soon.&nbsp; Out of the gates, the stock ran up nearly 30% from the IPO price of $12 but really began to fall apart this month and currently trades close to $11\/share.&nbsp; While it will take some time to confirm a bottom and carve out a new base, the selling pressure is beginning to subside and the worst may be over.&nbsp; Definitely a top rated IPO to put on the radar.<\/p>\n<p><strong>====&gt; <\/strong><strong><a href=\"http:\/\/www.ino.com\/info\/196\/CD3587\/quotes.ino.com%252Fanalysis%252Ftrend%252F%3Fsymb=NYSE_ONE\">Click Here For Your FREE Daily Higher One Technical Analysis<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/financial_engines_fngn_ipo.png\"><strong><img loading=\"lazy\" decoding=\"async\" style=\"border-top-width: 0px; border-left-width: 0px; border-bottom-width: 0px; margin: 5px 10px 0px 0px; border-right-width: 0px\" height=\"55\" alt=\"financial_engines_fngn_ipo\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/financial_engines_fngn_ipo_thumb.png\" width=\"166\" align=\"left\" border=\"0\"><\/strong><\/a><strong>&nbsp;<br \/>Financial Engines (FNGN): <\/strong>The 3rd highest rated IPO for 2010 is Financial Engines which provides independent, technology-enabled portfolio management services, investment advice, and retirement help to participants in employer-sponsored defined contribution plans, such as 401(k) plans.&nbsp; Its services are provided directly or through one of eight retirement plan providers &#8211; ACS, Fidelity, Hewitt, ING, JPMorgan, Mercer, T Rowe Price or Vanguard.&nbsp; JP Morgan sponsored services accounted for just under 20% of revenues last year.&nbsp; Its customer list includes 25% of Fortune 500 companies and nearly half of the Fortune 20 companies.&nbsp; <\/p>\n<p>The company had been investing heavily in its automated solutions and didn&#8217;t turn a profit until last year, but did so in a big way posting an EPS of .20.&nbsp; EPS Growth for this year is expected to come in at 45% and 28% for next year.&nbsp; Clearly the investments they have made is paying off in a big way, so you&#8217;ll want to put this company near the top of your IPO watch list.<\/p>\n<p>Technically, the stock began correcting just a few days after going public in March and is now in the process of carving out its first base.&nbsp; What we have shaping up is a cup with handle base formation and a breakout above the 16.16 level would provide confirmation that the stock may be ready for a sustained move up.<\/p>\n<p><strong>====&gt; <\/strong><strong><a href=\"http:\/\/www.ino.com\/info\/196\/CD3587\/quotes.ino.com%252Fanalysis%252Ftrend%252F%3Fsymb=NASDAQ_FNGN\">Click Here For Your FREE Daily Financial Engines Technical Analysis<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/green_dot_gdot_ipo.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-top-width: 0px; border-left-width: 0px; border-bottom-width: 0px; margin: 10px 10px 0px 0px; border-right-width: 0px\" height=\"90\" alt=\"green_dot_gdot_ipo\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/green_dot_gdot_ipo_thumb.png\" width=\"85\" align=\"left\" border=\"0\"><\/a> <\/p>\n<p><strong>Green Dot (GDOT) <\/strong>comes in at the 4 spot with a very good fundamental rank of 26\/30.&nbsp; They are the leading provider of reloadable prepaid debit cards in the US and command a 40% market share.&nbsp; The target customer is low\/middle class who have trouble getting traditional checking and saving accounts.<\/p>\n<p>Financially, it&#8217;s a company that has posted outstanding and consistent growth over the past five years.&nbsp; Beginning with its first profitable year in 2006, growth really began to ramp with 375% EPS growth in 2007, 158% in 2008, 104% last year and 26% growth expected this year.&nbsp; Yes, growth has been declining, but that&#8217;s expected for most companies that approach $100 million in revenue in a quarter.<\/p>\n<p>Technically, the stock may be ripe for an entry.&nbsp; It broke out from its first consolidation on August 9th running up a quick 10%.&nbsp; Current market weakness has stalled the stock a bit and it has retraced much of that move providing a 2nd chance opportunity.&nbsp; <\/p>\n<p><strong>====&gt; <\/strong><strong><a href=\"http:\/\/www.ino.com\/info\/196\/CD3587\/quotes.ino.com%252Fanalysis%252Ftrend%252F%3Fsymb=NYSE_GDOT\">Click Here For Your FREE Daily Green Dot Technical Analysis<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/sps_commerce_spsc_ipo.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-top-width: 0px; border-left-width: 0px; border-bottom-width: 0px; margin: 0px 10px 0px 0px; border-right-width: 0px\" height=\"79\" alt=\"sps_commerce_spsc_ipo\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2010\/08\/sps_commerce_spsc_ipo_thumb.png\" width=\"76\" align=\"left\" border=\"0\"><\/a> SPS Commerce (SPSC)<\/strong> rounds out part I of this top IPO report in the 5th spot with a good fundamental rank of 25\/30.&nbsp; The company is a leading provider of on-demand software as a service for supply chain management solutions worldwide.&nbsp; <\/p>\n<p>This is another IPO company that recently turned to profitability.&nbsp; Following losses in 2004 &#8211; 2008, it posted its first profitable year last year with an EPS of .12.&nbsp; EPS is expected to more than double this year before moderating a bit in 2011.&nbsp; All in all, a solid company that may be a buyout target at some point.<\/p>\n<p>Technically, the stock has been correcting following an impressive open in April.&nbsp; It remains mired in a long downtrend, but is beginning to show signs of stabilizing.&nbsp; In my opinion, it&#8217;s too soon to consider an entry since the downtrend remains, but in another month or so, it may emerge from a downtrend and offer a real nice entry point. <\/p>\n<p><strong>====&gt; <\/strong><strong><a href=\"http:\/\/www.ino.com\/info\/196\/CD3587\/quotes.ino.com%252Fanalysis%252Ftrend%252F%3Fsymb=NASDAQ_SPSC\">Click Here For Your FREE Daily SPS Commerce Technical Analysis<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We&#8217;re more than half way through 2010 and this year has seen a significant pickup in the number of quality IPO&#8217;s, so I thought I&#8217;d rank the top 10 up to this point in the year based on fundamentals.&nbsp; Part I will highlight the first five, part II the next five and I&#8217;ll follow that &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/ipos\/top-ipos-of-2010-part-i-cis-one-fngn-gdot-spsc\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Top IPO&#8217;s Of 2010 (Part I) &#8211; CIS, ONE, FNGN, GDOT, SPSC<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-1681","post","type-post","status-publish","format-standard","hentry","category-ipos"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/1681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=1681"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/1681\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=1681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=1681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=1681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}