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Weekend reads: Hot IPOs for DoorDash and Airbnb point to an overheated stock market

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Shares of DoorDash Inc. DASH and Airbnb Inc. ABNB shot straight up after the companies’ initial public offerings this week. That sort of exuberance can be a sign that a bull market is in a late stage.

Mark Hulbert interviews Jay Ritter, a finance professor at the University of Florida who has researched the IPO market for decades and has a dire warning for investors.

Investing wisdom and what stocks to buy now

Alexanderr Ely, who manages the highly rated Delaware Smid Cap Growth Fund
DFCIX,
+0.44%
,
shares words of wisdom for investors and what stocks investors should own now.

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The holidays are…



Source marketwatch.com

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