In July, the Russell 2000 small-cap index has outpaced the tech-heavy Nasdaq Composite by 12.7 percentage points, according to Dow Jones Market Data cited by the Wall Street Journal. If this trend holds until the end of the trading day today, the last day of the month, it will mark…
Quotes on shares of CNS Pharmaceuticals, a developer of drugs to treat brain and central nervous system cancers, plummeted more than 60% on Tuesday, July 30. This came after an agreement was announced with Cortice Biosciences that gives CNS Pharma the intellectual property rights to a brain cancer treatment molecule…
Barron’s has published a Morningstar-compiled list of the most popular stocks with small-cap funds. The past month has been great for small-cap stocks, the publication notes, but navigating them can be quite challenging given the lack of media attention and Wall Street analyst coverage. Barron’s sought to find out what…
Shares of La Rosa Holdings, a provider of real estate brokerage and related services, plunged almost 12% in trading on Monday, July 29. This came after the company announced that, with the consent of the majority shareholder, it had sold a promissory note worth around $0.5 million, along with shares…
Quotes on shares of Above Food, a regenerative agriculture company, plummeted following a corporate update for investors. The company acknowledged that it lacked working capital for growing its business in the 2024 fiscal year (ended January 31, 2024). As a result, revenue for the full year was lower than 2023,…
Quotes on shares of ProMIS Neurosciences, a developer of drugs for Alzheimer’s disease and amyotrophic lateral sclerosis (ALS), dropped more than 20% on Friday, July 26. The company announced a private placement for up to $122.7 million, along with positive data from clinical trials with healthy volunteers for its main…
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have charged well-known activist and investor Andrew Left and his firm, Citron Capital, for their alleged involvement in a years-long $20 million fraud scheme. According to the agencies, the company issued false and misleading statements regarding investment…
Fundstrat Global Advisors believes that small-cap stocks could rise 15% in August. The Russell 2000 index finished 1.3% higher on Thursday, July 25, and is now up 11% over the last three months and up 8.5% over the last month. JPMorgan expects returns on small- and mid-cap stocks to be…
Founded in 1987, Israel’s Gilat Satellite Networks is a veteran in the satellite communication market and is ranked in the top five globally in satellite ground equipment, according to Mordor Intelligence. Over the years, the company has weathered the financial crisis and the dot-com bubble. Gilat’s new goal is to…
FTAI Aviation, a provider of aftermarket services and jet engine repairs, has helped several small-cap funds tracked by LSEG to outperform the large-cap S&P 500 index this year, Barron’s highlights, with the company’s stock among the top 10 holdings of these funds. Details Eight small-cap funds, with assets ranging from…
Forbes Advisor has put together a list of 10 promising small-cap stocks as of July 2024. All of the companies are profit-making, with their earnings expected to continue growing. They are financially healthy, and in some cases are trading at an extraordinary value. Details Forbes Advisor compiled the list of…
The historic surge in small-cap stocks over the past week is unsustainable, according to analysts at the UK’s Capital Economics, one of Europe’s largest consulting firms, as well as Natixis Investment Managers Solutions, the investment division of France’s Groupe BPCE. Fundstrat, on the other hand, believes this is just the…
Most investors have never heard of Perfect Corp., a developer of AI-based solutions for the beauty and fashion industries. Nevertheless, the company serves more than 400 of the world’s largest cosmetics brands, while its technologies are used by Instagram, Facebook, and Alibaba, and its apps have been downloaded by retail…
The growth of the Russell 2000 index of small-cap stocks over the last one month has roughly tripled that of the leading U.S. index, the S&P 500. In the last four trading sessions in particular, the Russell 2000 has beaten the tech-heavy Nasdaq 100 by almost 11 percentage points, a…
The first half of 2024 was the worst relative performance ever for small caps, with the Russell 2000 index of 2,000 small-cap stocks lagging the S&P 500 index of the 500 largest stocks by approximately 13.5 percentage points. Details From January to June 2024, the Russell 2000 rose only 1.0%,…
Investors should take a closer look at display manufacturer Daktronics, as its shares are undervalued, Zacks analysts write. The stock is trading at a P/E ratio of 18.88 (recall: the lower the ratio, the better), compared with the industry average, according to Zacks, of 23.74. Details Zacks evaluates companies based…
Big Tech stocks plunged on Thursday, July 12, after unexpectedly positive inflation data came out. Investors began shifting capital from the Magnificent Seven to small-cap stocks, anticipating growth in the latter after a potential Fed rate cut in September, Bloomberg reports. Details Thursday marked the worst day of the year…
Shares of Citius Pharmaceuticals, a developer of drugs for bloodstream infections, lymphoma, and hemorrhoids, surged over 10% on Wednesday, July 10. This came after the company announced that it had completed trials of one of its drugs and is close to commercially launching another. The company expects “strong momentum” if…
Finding undervalued stocks can generate substantial long-term profits for an investing portfolio, notes Yiannis Zourmpanos, an InvestorPlace contributor and the founder of the stock-market research platform Yiazou Capital Research. He has come out with three cheap stocks with potential for 1,000% growth by 2026. Recently, two of them have significantly…
Nonlethal weapons manufacturer Byrna Technologies has increased production to be ready for a potential pickup in demand should the upcoming US presidential election, scheduled for November 5, lead to unrest. Details Byrna has expanded its production of nonlethal weapons to 18,000 units per shift, the company announced in its second-quarter…
Quotes on shares of fintech company DeFi Technologies rose more than 3% on Tuesday, July 9. The gains followed the company’s announcement that it had agreed to acquire Stillman Digital, a platform for over-the-counter (OTC) trading in crypto assets and liquidity provider. Details DeFi Technologies stock climbed 3.25% to $1.27…
At the end of June, Super Micro, a manufacturer of data center equipment, was removed from the Russell 2000, a small-cap stock index. Investors should brace for the consequences of this move, as it was largely thanks to Super Micro that the Russell 2000 had been growing over the past…
Shares of Beam Global, a provider of infrastructure solutions for the electrification of transportation and energy security, are up more than 25% since July 2. The company reported “record orders” in the second quarter of 2024 and a million-dollar contract to supply its autonomous EV charging system in Europe. Details…
Investors seeking promising companies beyond the typical AI heavyweights should consider AMD, Innodata, and SoundHound AI, writes Yiannis Zourmpanos, an InvestorPlace contributor and the founder of the stock-market research platform Yiazou Capital Research. These companies vary in size: AMD has a market capitalization exceeding $275 billion, while the other two…
