Jefferies says small caps are starting to outperform and these stocks are the best way to play it

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 72%

Arkansas Best Corp News

Schrodinger Inc,Boston Beer Co Inc,NVIDIA Corp

As small-cap stocks take center stage, these names with high liquidity could be worth taking a look at, Jefferies says.

The time may have finally come for small-cap stocks to have their moment in the sun, according to Jefferies. So far, large-cap technology stocks have largely led the market's moves to new heights. Nvidia , Wall Street's poster child of the artificial intelligence-propelled rally, has soared 110% this year and ended Thursday 9% higher after posting a blockbuster earnings report for its fiscal first quarter.

"Truly has started to stabilize which has been the main overhang on the stock's multiple for years. Twisted Tea, now the company's largest brand by volume, will likely continue its double-digit growth momentum, allowing the company to return to volume growth for the first time since 2021," Jefferies wrote. The bank's $360 price target implies that shares of Boston Beer could rally nearly 35% from their Thursday closing price.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This tech giant remains a Top AI stock to own after earnings says JefferiesThis tech giant remains a Top AI stock to own after earnings says Jefferies
Source: Investingcom - 🏆 450. / 53 Read more »