Small-Cap Stocks Are Starting to Stage Their Comeback
Shares of many small, U.S.-focused companies have raced ahead of the broader stock market in July. Some investors think that signals more room to run for small-capitalization companies, which can often be more agile and react more quickly to economic changes, including a recession.
So far this month, the Russell 2000 is up 3.6%, while the S& P 500 (DE.SXR8) is up 3%. Some companies are standouts. Tupperware Brands Corp. (US.TUP) is up 13% in July, and motor-homes manufacturer Winnebago Industries Inc. (US.WGO) is up 10%. Fast-food chain Jack in the Box Inc. is up 6.3%, and apparel retailer Urban Outfitters Inc. (US.URBN) has risen 7.4%.
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