News Formal

Go with large-cap stocks over small caps, these traders say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Even though small-cap stocks have been underperforming these traders suggest sticking with what's been leading the market.

, the index that tracks small cap stocks, is down over 5% this quarter. Ari Wald, head of technical analysis at Oppenheimer, says while small caps should rise with the overall market, he'd be siding with a different group of stocks instead.

. Tech is the best performing sector this year, climbing over 28% and outpacing the 17% gain on the S&P.

 

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

The surprising ways foreclosures make housing-market downturns even worseForeclosures caused by a burst housing bubble have many long-term consequences for the housing market.
Source: MarketWatch - 🏆 3. / 97 Read more »