Yes but not all of the time ,
I sometimes buy some new coins that is fresh from the exchange because most of them would be pump for a short time and I could get a profit from it,
But this isn't really safe because sometimes bounty hunters would dump it and also the investors.
Just a few new coins that get pumped at the exchange, most of them just going to near shit. It would be better if buy it after the dump end, so we could see the small rise everyday. That's the one of the way to get a good new coins. But still there is no guarantee that the coin will be pumped immediately.