Group of smaller stocks is primed for major gains ahead, according to Oppenheimer

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

S&P 600 SMALL CAP INDEX Nachrichten

Russell 2000 Index,Genius Sports Limited,Chemed Corp

Oppenheimer gave its list of top picks in the small- and mid-cap universe.

Small- and mid-cap stocks are expected to see a boost as the Federal Reserve cuts rates, and Oppenheimer named a few of its favorite plays on the space. Stocks with smaller market caps, which are more sensitive to higher costs of borrowing, are expected to rebound and outperform as the Fed embarks on a rate-cutting cycle. In 2024, the small-cap benchmark Russell 2000 's 8% rise still lags the S & P 500's roughly 19% gain.

mountain Cogent Communications in 2024 Health-care services stock Chemed is another one of Oppenheimer's favorites. Chemed has two segments: Vitas Healthcare, a hospice care provider company, and Roto-Rooter, a plumbing and drain cleaning company. This portfolio "offers an attractive mix of diversification and growth," according to analyst Michael Wiederhorn. Wiederhorn thinks Chemed is well-positioned to benefit from aging demographic trends.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Microsoft stock downgraded at Oppenheimer on ‘too high’ earnings estimatesMicrosoft stock downgraded at Oppenheimer on ‘too high’ earnings estimates
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »