'Incredibly compelling': The pros love small-cap stocks right now. Here are their top picks

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

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

CNBC Pro takes a look at five such stocks, including two on a 'high conviction' list.

The conditions are right for buying small-cap names, according to many analysts and investors. Matt Orton, chief market strategist at Raymond James Investment Management, was the latest to urge investors to "strategically add" to small-cap stocks right now. He said he has liked the small-cap sector for a few months now, and the backdrop has improved with the Russell 2000 — a small-cap U.S. index — "bouncing off key support" and beating the S & P 500 again.

Stock picks These are the small- and mid-cap stocks Ognar likes at the moment: Allegro Microsystems : He called it an "innovator designer" of sensor and power integrated circuits for the auto and industrial markets, with electrification and the autonomous trend being "two powerful growth drivers.

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 İE
 

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

Ireland Ireland Latest News, Ireland Ireland Headlines