Sneaky Breakouts: Recent IPOs Reddit and KlaviyoThe charts above highlight Klaviyo and Reddit. The first thing I must say is I am not long either of these companies. I am simply using them as a barometer to spark some research. What I find interesting about both of these names is the way they have marched to all-times and being somewhat new companies to the market. Both have IPO'd within the 12-24 months.
Reddit, however, is a bit more widely known and many of you have followed its breakout. So, in contrast, the chart at the top left of KVYO is very interesting because it is not widely followed or discussed. They are a company at the forefront of automated marketing messaging. Klaviyo enables businesses of all sizes to streamline their customer engagement, transforming a marketing team into a full-fledged messaging powerhouse, allowing brands to automate emails, SMS, and push notifications with data-driven precision.
But the real reason I’m sharing this chart isn’t just about what Klaviyo does—it’s about what its stock is doing alongside another recent IPO like Reddit.
Klaviyo went public on September 20, 2023, pricing its IPO at $30 per share and raising approximately $576 million, giving it a valuation around $9 billion at the time. The stock initially saw strong demand, opening at $36.75 on its first day of trading. Now, months later, it has quietly surged to new all-time highs, a move that flew under my radar.
This has me thinking: what other recent IPOs are quietly breaking out? Historically, some of the best-performing stocks in the market have been newly public companies that start to trend higher after an initial post-IPO base. Names like Shopify, CrowdStrike, and Datadog all had explosive runs after establishing themselves post-IPO. Klaviyo’s move could be an early signal that a new wave of breakouts is forming, and I’m looking for the next in line.
Beyond IPOs, I’m also watching broader shifts in the market, particularly how AI is reshaping industries. AI-driven automation is evolving beyond simple efficiency tools into full-fledged AI agents capable of transforming cost structures for companies. From marketing to customer service to software development, businesses that leverage AI in ways that improve margins could be tomorrow’s biggest winners. The question now is: which companies are positioned to capitalize on this shift?
This is my focus—hunting for epic breakouts, whether it’s fresh IPOs like Klaviyo or companies leading the next wave of AI-driven disruption.
If you know of any, add them to the comments below!
