Small-cap stocks, which demonstrated their worth even during the pandemic, are still on the minds of investors. Since September 2020, the Russell 2000 index has increased by 49%, while the S&P 500 index of large-cap stocks has increased by 30%. Amazon.com was hanging around $20 in 1998 when Facebook, Inc. was trading at $38 in 2012. The capacity of the average investor to recognize exceptional stocks before they become well-known and costly makes them more successful.
Here is Insider Monkey’s list of the 10 Best Small-Cap Stocks To Buy According To Hedge Funds. Citi Trends, Inc. is a bargain clothing retailer based in the United States. The company primarily targets those who live in cities. Citi Trends has over 570 locations in 33 states and earns $285.4 million in sales. Xenon Pharmaceuticals Inc. is a biopharmaceutical firm based in Canada that specializes in neurological disease therapies. The company is particularly interested in channelopathies, a disorder characterized by ion channel abnormalities. Cowen Inc. is based in New York and was formed in 1918. Cowen reported a net income of $50.8 million and an EPS of $1.50 in the second quarter of 2021, exceeding the estimate by $0.20. Tenneco Inc. is an American corporation that develops and manufactures aftermarket automobile parts. The company operates in approximately 270 locations throughout the world. Tenneco forecasts revenue of $18.3 billion to $18.6 billion in FY21. Dine Brands Global, Inc. operates more than 3,500 restaurants in 16 countries. The company made $233.6 million in revenue, up from $109.7 million in the previous year’s comparable period. The revenue from franchises accounted for $177 million of the total revenue. For more details, click 10 Best Small-Cap Stocks To Buy According To Hedge Funds.
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