This Is the 1 Must-Buy IPO Stock for 2021

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Investors always want to find the ground-floor opportunity that will make them rich. Whenever a well-known, respected privately held company decides to go public, it creates a frenzy of buying interest that often ends up bringing huge first-day pops in the stock price. As we saw in 2020 from red-hot IPOs like Snowflake (NYSE: SNOW) and Airbnb (NASDAQ: ABNB), those who are able to get in on IPO shares directly from underwriters make a huge profit. Those left on the outside looking in, however, have to pay premium prices on the open market in order to get shares.

A host of companies are likely to go public in 2021, with many already having filed the necessary paperwork with the U.S. Securities and Exchange Commission. Companies like delivery logistics platform Instacart, pet retailer Petco, and mobile investing app pioneer Robinhood are getting a lot of attention coming into 2021.

But in my mind, there’s one company that stands above the rest. With its unique position in one of the hottest investing areas on the planet right now — cryptocurrency — Coinbase will be the one true must-buy IPO stock  for 2021.

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