The rotation to small caps stocks started on July 11th and hasn’t let up yet. As of noon today, the small cap-focused Russell 2000 has outperformed the S&P 500 by 12% and the Nasdaq-100 by 16% over that period.
I looked for which stocks have done the best during this rally for clues where investors are piling into in preparation for new rate cuts from the Federal Reserve. Each stock in this article is worth at least $500 million, trades on U.S. stock exchanges, and is up 30% or more since July 11th. Let’s take a look at what’s rallying in the current market.
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