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 Nyheter

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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