Small-cap stocks are having a solid July. A few names happen to be loved by Wall Street and offer attractive dividends.
Small-cap stocks have been perking up as of late as investors rotate out of their big tech winners — and a few of these names also happen to offer attractive dividends. Investors' move to sell out of their big tech names, including Nvidia and Meta Platforms , has resulted in a 1.7% decline for the Nasdaq Composite in July. But the small-cap benchmark Russell 2000 is up 8% this month as investors bet on rate cuts from the Federal Reserve.
Pro used FactSet data to screen the iShares Russell 2000 ETF for companies listed on the Nasdaq or the New York Stock Exchange. These names must offer a dividend yield of at least 3%. They must also be preferred by Wall Street, with buy or overweight ratings from at least 60% of analysts covering them, and upside to their consensus price target of at least 10%. Here are the stocks. Northern Oil and Gas made the grade. The oil and gas company is rated buy or overweight by 83.
Pro's list. The stock is up close to 18% this year, and it offers a 3% dividend yield. Wall Street loves Atlas Energy, with all 13 analysts covering the stock rating it a buy or overweight. Piper Sandler is overweight on the stock, but recently trimmed its price target to $27 from $29, "based on 4.9x '26e .
mountain AESI in 2024 Finally, drilling company Patterson-UTI Energy made the list. Stifel rates the stock a buy, it but lowered its price target to $16 from $19 on July 15. Analyst Stephen Gengaro remains upbeat on the company, however, citing "continued capital discipline and strong FCF projections. We expect at least 50% of FCF will be returned to investors through dividends and buybacks.
's Fred Imbert contributed reporting.
Dividends Patterson-UTI Energy Inc Atlas Energy Solutions Inc Ishares Russell 2000 ETF Northern Oil And Gas Inc NASDAQ Composite Russell 2000 Index Meta Platforms Inc NVIDIA Corp Business News
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