Down 22% from its all-time highs, this under-the-radar multibagger could be perfect for some dollar-cost averaging buys.
Barron’s recently published an article discussing the promise of small-cap funds heading into 2024. The rationale behind the thinking is that it’s possible any recession next year will be a small one. Small and micro-cap stocks do poorly in extended recessions. It’s hard to know what’s going to happen next week, let alone next year. However, even when buying micro caps, it helps if you look for quality. The stronger the business, the more likely it will survive any recession that comes our way i
On paper, the recovery of the benchmark S&P 500 index from its worrying lows last year implies the return of a bull market, seemingly rendering a conversation about overvalued stocks to avoid irrelevant. However, Morgan Stanley strategist Mike Wilson begs to differ. Per CNBC, market experts lauded Wilson’s correct predictions during last year’s volatility. Therefore, investors may want to hear him out again. In short, Wilson points to his 2023 earnings forecast, which has fallen out of consensus