5 Cheap New Stocks To Buy

Page 1 of 5

In this piece, we will take a look at five cheap new stocks to buy. If you want to take a deeper look at the recent dynamics in the IPO sector, then read 11 Cheap New Stocks To Buy.

5. Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX)

Price To Trailing Earnings Ratio: 8.95

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) is a Mexican real estate company headquartered in Mexico City, Mexico. It’s one of the more recent new stocks on our list, as the shares IPO’d in June this year. Back then, the American Depository Shares (ADS) were priced at $31 per piece, and since then, they’ve gained more than $3 on the market. The firm’s third quarter earnings saw it revise its 2023 revenue guidance and post a 24% annual revenue growth.

Page 1 of 5