|
CNBC'S MOST SHARED
- Unemployed? Bored? Make Money Playing Beer Pong
- Social Networking's 'Naked' Truth
- The Highest Grossing (Inflation Adjusted) Movies of All Time
- WPP's Sir Martin Sorrell on the Ad Recession
- Geek Squad V. Gizmodo
- Merrill's McCann Seen as UBS Wealth Frontrunner
- Warren Buffett's Top Three Investment Rules for the Average American
- Why You Should Watch Fund Flows
- Eric Schmidt on Government Scrutiny and Economic Recovery
- Fast Funds: Hot Ways To Play China
- Eric Schmidt on Government Scrutiny and Economic Recovery
- Market 360: The Week's Best & Worst
- Geek Squad V. Gizmodo
- Brandt: Google Chrome OS in the Post-PC Age
- Other People Are Weirder Than We Are
- Bank Failures: Is The Nightmare Over? (Video)
- California Here I Go? No.
- Roginsky: No More Mr. Nice Guy
- Commercial Conundrum
- Stimulus Will Kick in Later this Year: President Obama
- Lender CIT Group Hires Premier Bankruptcy Adviser
- Government Selling Bank Stakes for Too Cheap: Panel
- Buffett's Top 3 Investment Rules for Average Americans
- Market Insider: Earnings Loom in the Week Ahead
- Bulls Get Summertime Blues, But It's Hot Fun for Bears
- As Banks Fail, Strong Institutions Become More Visible
- GM IPO in Second Quarter 2010 at the Earliest: CFO
- Merrill's McCann Seen as UBS Wealth Frontrunner
Text Size 
Shares of China Sunergy soared Thursday in their market debut. The Chinese solar-energy firm is just one of the many public offerings expected to do well this year. On “Power Lunch,” Steve Gelsi, IPO reporter at MarketWatch, told CNBC’s Bill Griffeth that 2007 could be the richest year in the IPO market since 2000.
“At last check we had about $18 billion in initial public offerings this year -- and that’s the hottest we’ve seen” since the dot-com bust of 2000, said Gelsi. He says that the Dow’s record run and the amount of money in the private equity firms are contributing to the success of the IPO market.
“There is a big trend in energy as well. It is not just the alternative energy, but traditional energy companies that are out there drilling for oil and gas,” said Gelsi. He pointed to Continental Resources, which went public this week.
He also mentioned the Blackstone Group, which in March announced plans to go public. He does not believe it is completely smooth sailing for Blackstone at this time. “It’s an interesting deal that could get a bit of scrutiny. If you have labor unions coming out against it, maybe the pension funds won’t be as interested in buying into the IPO,” said Gelsi.
Data is a real-time snapshot *Data is delayed at least 15 minutes