UBS Group joins chorus of Wall Street analysts recommending small-cap stocks
UBSUBS(UBS) Market Watch·2024-01-30 22:16

U.S. small-cap stocks have had a rocky start to 2024 following a stellar fourth quarter. But a growing number of Wall Street analysts believe these stocks, which make up just 6% of the U.S. equity market by valuation, are poised to gain as the Federal Reserve prepares to start cutting interest rates later this year. On Tuesday, a team of market strategists at UBS Group became the latest to recommend that clients consider adding exposure to small caps on the expectation that the torrid rally seen by the Russ ...