The Russell 2000 (^RUT) has risen by more than 10% in the last five trading sessions, marking the longest streak of gains for the small-cap index since April...
) has risen by more than 10% in the last five trading sessions , marking the longest streak of gains for the small-cap index since April 2020. MAI Capital Management chief equity strategist Chris Grisanti joins Catalysts to discuss the growth of small caps and XXXX.
He adds that small-cap stocks are cheap buying opportunities:"I don't think it's too late to initiate positions if you haven't already."). I'm not saying this is not the internet bubble, but the difference between the way they perform and what other cash flow-producing companies has performed is really disparate. That's what I'm saying, is they've been rewarded too much.
And there's really never a certain reason why the reversal happens, but it comes when it does come, it comes fast and furious and we're seeing that.
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