Out Fox The $treet

After a couple of years testing wells and developing infrastructure in the Permian Basin, Laredo Petroleum ( NYSE: LPI     ) now appears set up for fast growth driven by a couple of prime catalysts. The Permian Basin is quickly becoming a favorite investment area with Concho Resources ( NYSE: CXO     ) and Pioneer Natural Resources  ( NYSE: PXD     ) grabbing investor attention. The basin is located in west Texas and southeastern New Mexico and provides some infrastructure benefits over other new shale plays. Investors are starting to realize the massive resource potential with the realization of the stacked zones in the play after years of successfully drilling vertical wells. Read the full article here . Disclosure: Long LPI. Please review the disclaimer page for more details. 

It might sound counterintuitive to buy a company after it encounters multiple operational issues, but in some situations the quality of assets and management team warrant such a move. In the case of Laredo Petroleum Holdings ( NYSE: LPI     ) , the company has fantastic acreage in the suddenly hot Permian Basin. Note that Pioneer Natural Resources ( NYSE: PXD     ) has suggested the Permian Basin contains more than 50 billion barrels of oil equivalent, making it the largest domestic oil field. Laredo also has an executive team that has developed and successfully sold multiple exploration companies in the past.   Read the full article here . Disclosure: No position mentioned. Please review the disclaimer page for more details. 

Any investor paying attention should know this last week was the busiest IPO week in the U.S. in years. The slate was headlined by well-known Facebook game maker Zynga (ZNGA), with secondary focus on Jive Software (JIVE) and luxury retailer Michael Kors (KORS). The rest of the IPO's had limited focus. Already knowing the issues with Zynga are similar to Groupon (GRPN) and Angie's List (ANGI), we quickly zipped past that offering (dropped 5% on first trading day Friday). Read Why Angie's List Shouldn't Be Listing for more details. MIchael Kors is interesting as well, but the stock looks pricey and investors already have plenty of luxury retailers to buy. Read the full article at Seeking Alpha. Disclosure: No positions mentioned. Please review the disclaimer page for more details.