Small-cap stocks reached historic lows back on June 2, with prices about 6.5% lower than they were when they last bottomed out in 1999, according to Morningstar. But that last bottom was followed by a 12-year run in which small caps outperformed the market, even amid two serious bear markets. The historical parallels have some investors sifting the market for moonshot stocks that can potentially lead the charge in outperforming the broader market. Here’s what’s on the horizon for innovative yet potentially undervalued small-cap stocks.
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July 28, 2023