Why New IPO Black Rock Coffee Bar Could Be A GARP Opportunity

Group 1 - The article expresses skepticism towards IPOs due to generally poor valuations and limited track records, making it challenging to build a strong investment thesis [1] - Despite the skepticism, it acknowledges that some IPOs can be successful [1] Group 2 - The author identifies as an equity research analyst with experience in both Brazilian and global stocks, focusing on fundamental analysis to find undervalued stocks with growth potential [2] - The article emphasizes that the author's opinions are independent and not influenced by any business relationships with the companies mentioned [2]