Small cap stocks are public companies that have market capitalizations ranging from $300 million to $2 billion. Since the share prices of these companies can be very volatile, some companies in the small cap universe or in small cap indexes, can have market caps significantly higher than this range at any particular time. Some of the stocks classified as small caps include biotechnology company Akero Therapeutics Inc. (AKRO), Tupperware Brands Corp. (TUP), and candy manufacturer, Tootsie Roll Industries (TR).
Small cap stocks, as represented by the benchmark Russell 2000 Index (RUT), have underperformed the broader market. RUT has provided a total return of 3.5% over the past 12 months, well below the 15.6% return from large cap benchmark index then Russell 1000, as of October 27, 2020.1 All statistics in the tables below are as of October 28.
Here are the top 3 small cap stocks with the best value, the fastest earnings growth, and the most momentum. Read more…..
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David Rea, president of Salem Investment Counselors, which is the top-ranked financial advisory firm of 2020 by CNBC, joins the “Halftime Report” team to discuss his economic outlook and what he’s watching in the markets. We’re looking at an economic reopening, some good science on the horizon—potential vaccines and treatments—and we’re looking at a tremendous amount of stimulus in the system, says Rea.