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18 handpicked stocks

Riding The New Tech IPO Wave

Figma's blockbuster IPO has shattered a multi-year drought in major tech listings, signaling renewed investor appetite for high-growth software companies. This event may trigger a wave of public offerings from other venture-backed "unicorns," creating opportunities across the tech ecosystem.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at Aug 1

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

TEAM

Atlassian Corporation Plc

TEAM

Current price

$182.96

ADBE

Adobe Systems Inc.

ADBE

Current price

$347.80

SNOW

Snowflake Inc.

SNOW

Current price

$205.02

About This Group of Stocks

1

Our Expert Thinking

Figma's successful IPO has broken a multi-year drought in major tech listings, potentially signalling a turning point for the technology sector. This renewed investor confidence could create a more favourable environment for other venture-backed unicorns to go public, particularly in the software-as-a-service space.

2

What You Need to Know

This collection focuses on high-growth tech companies that could benefit from the revived IPO market sentiment. It includes a mix of recently public firms and established software players that reflect this broader shift in investor appetite for technology equities.

3

Why These Stocks

These stocks were handpicked by professional analysts to capture potential upside from renewed market activity in the tech sector. They represent companies positioned to benefit from the reopening of the technology IPO market and subsequent value creation opportunities.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+22.54%

Group Performance Snapshot

22.54%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 22.54% over the next year.

14 of 18

Stocks Rated Buy by Analysts

14 of 18 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🚀

IPO Market Revival

Figma's blockbuster debut has broken years of IPO drought, potentially opening the floodgates for other high-growth tech companies to go public.

💎

Unicorn Opportunity Window

Venture-backed unicorns may now accelerate their public offerings, creating fresh investment opportunities in previously private companies.

📈

Renewed Investor Confidence

The strong market reception signals a shift in sentiment towards tech equities, potentially benefiting established players in this space.

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