Small Stocks Roar After Years of Getting Trampled

Share on facebook
Share on twitter
Share on linkedin

Advisor.ca:

“The Russell 2000 Index has more than tripled the gains of S&P 500 in the last three months.

Small stocks are delivering the biggest punch on Wall Street.

Over the last three months, an index that tracks 2,000 of the smallest stocks in the U.S. market has more than tripled the gains of the big-cap S&P 500. The rally for the Russell 2000 got going Nov. 9 as a swell of optimism for the economy rose after Pfizer reported resoundingly encouraging data for its coronavirus vaccine and Joe Biden’s White House victory sparked hopes for more stimulus for the economy.

It marks at least a temporary return to form for smaller stocks, which have historically provided bigger returns than large-cap stocks over the long term.

The Russell 2000 currently includes stocks like Bank7, a community bank based in Oklahoma with a market value earlier this week of about $150 million, and fuel-cell maker PlugPower, whose market value shot from less than $6 billion in October to more than $33 billion earlier this week. The median company in the large-cap S&P 500 has a market value of about $26 billion.”

Related articles

The Great Escape Webinars & Virtual Events

The Great Escape

The Great Escape. Most of us have seen the famous movie “The Great Escape” and of course this is the war story we all think …

Read More →
Results Rob's Reads

‘More spending, more deficits, more lacklustre GDP growth’: Reaction to election results

It’s been 1 week since the election and people are starting to think about what’s in store for our country’s future. Here are some opinions …

Read More →
Lease vs Buy Articles

Lease vs Buy

A client approached me with this question the other day. Ahh, the age-old question that really doesn’t have a “right” answer. There are pros and …

Read More →

Financial Planning Advice from Canada's Top Financial Advisors

Sign Up To Receive Email Updates On The Financial Industry And Complimentary Workshops.

By providing your e-mail address you provide The McClelland Financial Group of Assante Capital Management Ltd. with your express consent to send you electronic communications. If you choose to discontinue receiving e-mails, you may withdraw consent by contacting [email protected].

Copyright Assante Wealth Management. © 2021

Disclaimer | Assante advisory services are offered through Assante Capital Management Ltd. Assante Capital Management Ltd. is a Member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. The services described may not be applicable or available with respect to all clients. Services and products may be provided by an Assante advisor or through affiliated or non-affiliated third parties. Some services and products may not be available through all Assante advisors. Services may change without notice. Insurance products and services are provided through Assante Estate and Insurance Services Inc.

We have a team of advisors each specializing in varying portfolio sizes. Please let us know the approx. amount of your investable assets to help us to direct you to the advisor that is best suited to you.