Tom Lee says small cap stocks can outperform over next couple years by 100% on Trump policies

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 72%

Investment Strategy News

Markets,Ishares Russell 2000 ETF,Tesla Inc

The Fundstrat managing partner also sees the S&P 500 adding more than 12% in 2025.

Donald Trump's second presidency could help supercharge small cap stocks further, according to Fundstrat managing partner and head of research Tom Lee. "Since 1987 small caps traded on a median price-to-earnings at a premium basis to the S & P 500, and the S & P 500 is at 17 times. I think small caps could over the next couple of years outperform by more than 100%," Lee told CNBC's " Squawk Box " on Friday.

The latter implies a more than 12% rise from where the index closed on Thursday. Lee also views Trump's return to the White House as a continuing catalyst for bitcoin. "We know investors haven't been adding risk, and now we have earnings visibility with a continued dovish Fed and this election is behind us, so multiple tailwinds exist," he said.

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
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines