Small-cap stocks that are high quality and inexpensively priced could provide a good hedge against future market volatility, according to Bank of America.
Small-cap stocks that are high in quality could provide a hedge against stock market volatility, according to Bank of America. With a September rate cut by the Federal Reserve looming, investors have recently rotated into small-cap stocks which, as a group, depend on financing and are domestically oriented. The Russell 2000 has outperformed other major averages this quarter, with the small company index up more than 5% since the end of June.
The group also had to have positive earnings revisions and low refinancing risk, to guard against wider credit spreads or in case the Federal Reserve cut rates less than the market expects. The following names from Bank of America's screen were all rated either buy or neutral by the bank. One of the names on the screen was clothing retailer American Eagle Outfitters , which has only risen about 1% in 2024.
Stock Markets Russell 2000 Index S&P 500 Index Dow Jones Industrial Average American Eagle Outfitters Inc KB Home Stoneco Ltd Vita Coco Company Inc Krc Materials Inc Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Go Small To Go Big: Small Wins Prove AI Isn’t A BubbleI am CEO of The Futurum Group. I spend my time researching, analyzing and providing the world’s best and brightest companies with insights as to how digital transformation, disruption, innovation and the experience economy are changing how business is done.
Read more »
The Best Furniture for Small Spaces, According to People Who Live in Really Small SpacesOriginally $1,509 Choosing the right couch for a small space can feel pretty overwhelming. You need it to be comfy enough for naps or movie nights with friends, and since it’s one of the biggest pieces in a small room, it has to look good too. The Albany Park Lido Sofa nails it.
Read more »
Trio of NJ swimmers light up the Olympic pool in Paris: 'Small, small world stuff'Two swimmers with New Jersey roots have already scored medals at the 2024 Summer Olympics in Paris, and a third will compete Tuesday as he tries to bring home his own piece of glitter — leavi…
Read more »
'America's healthiest community' is small town near Washington, DCA neighboring Washington, D.C., community has been named the healthiest in America. U.S. News data editor Julia Haines and Falls Church Director of Housing and Human Services Dana Jones discuss the results.
Read more »
New entrepreneurs graduate from Ponce Bank Small Business Boot CampThe New Black View
Read more »
JPMorgan Chase is opening more small-town branches in middle AmericaCEO Jamie Dimon is embarking on his 14th annual bus tour on Monday, with his first stop in Iowa, where the bank plans to open 25 more branches by 2030.
Read more »