Reported 5 months ago
Chris Grisanti, the chief equity strategist at MAI Capital Management, discusses the recent growth in the Russell 2000 small-cap index, emphasizing that small caps are still undervalued and present good buying opportunities. He believes that the recent rally is not dependent on Federal Reserve interest rate cuts and advises investors to consider initiating positions in small-cap stocks. Grisanti highlights companies like Nvidia, Microsoft, and Amazon as examples of firms with strong cash flows and mentions mutual funds and ETFs focusing on small caps as attractive options for investors.
Source: YAHOO