Qiwi (NASDAQ: QIWI): This 170% IPO Winner Still Has Plenty of Room to Run

The year is almost over, and two things we can say about the market in 2013 is that stocks demonstrated stellar performance (the S&P 500 is more than 26% year to date), and it was a great year for the IPO market.

According to research firm Dealogic, in the first 11 months of 2013, there were 218 companies that were brought to market via IPO. Those deals raised some $56 billion, which was the most since 2007, when a total of 288 IPOs generated $63 billion.

Sure, there was the high-profile tech IPO winner Twitter (NYSE: TWTR), and the well-known retailer The Container Store (NYSE: TCS), and both stocks are up nicely since their respective debuts, gaining 15% and 11%, respectively.  (more)

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