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☆ 'There's an enormous catch-up trade': These 5 small-cap stocks are destined to soar, according to a stock researcher behind a top-11% fund in the last 5 years
▼ + stars: | 2024-03-03 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

The research director at Westfield Capital Management is instead focused on finding attractive stocks through a bottom-up fundamental process. Many companies have been abandoned in this top-heavy market, Meyers said. Instead of calling for a meltdown for the market's favorite companies, Meyers emphasized the stocks destined to rebound once investors shift their focus away from pricey growth names. "We don't overpay for growth for the sake of growth," Meyers said. 5 top stocks to own nowInvestors searching for small-cap stocks to buy are in the right place.

Persons: —, Ethan Meyers, Meyers, Morningstar, that's, " Meyers, there's, you've, Kevin Rendino, it's, We're, It's Organizations: Service, Business, Westfield Capital Management, Growth, Apple, Microsoft, Nvidia Locations: Westfield

☆ 'The worry is not the reality': A 36-year market veteran explains why beaten-down micro-cap stocks will enjoy a jaw-dropping rally — and names which 4 companies will be the biggest winners
▼ + stars: | 2024-02-24 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

The group kept lagging last year as markets braced for a recession that would especially hurt economically sensitive small caps. And although the market isn't on small caps' side, Rendino believes historical precedent is. However, Rendino isn't discouraged by small caps' slow start and is instead pleased that his firm is outperforming. "Small caps were up in the fourth quarter, and we're having a really good year," Rendino said. "And I know why companies aren't in the good graces of investors and why certain investors shy away from companies."

Persons: —, Kevin Rendino, Rendino, Russell, He's, Rendino isn't, he's, we're, we've, Benjamin Graham, David Dodd Organizations: Service, Business, Capita, Federal Reserve, Capital, Federal

☆ The Federal Reserve thinks catastrophe is coming for US businesses
▼ + stars: | 2023-06-28 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

One report, written by the Federal Reserve's own economists, left me with not exactly an upbeat outlook. Federal Reserve Board Chair Jerome Powell testifies during a House Committee on Financial Services hearing, Wednesday, July 18, 2018, Capitol Hill in Washington. That is, more than a third of companies could default in the coming months, thanks to tightening monetary policy. Basically, they are predicting that companies feel pain in times of policy tightening, especially those with weaker balance sheets to begin with. Investors should monitor these bearish signals to stay ahead of a potential sell-off in the stock market.

Persons: Phil Rosen, You'll, Jerome Powell, Jacquelyn Martin, Ander Perez, Orive, Yannick Timmer, Kevin Rendino, he's shorting, Goldman Sachs, Morgan Stanley, Max Adams, Hallam Bullock Organizations: Federal, Financial Services, Capitol, European Central Bank, Bloomberg, Bank of America, Barclays, Elon Musk's Locations: New York, Washington, London

☆ 'Time to get greedy': A 35-year market veteran shares 5 little-known stocks that could soar up to 800% once investors realize that there won't be a repeat of 2008
▼ + stars: | 2023-06-24 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are five small companies that could have huge returns with a bit of good fortune. Kevin Rendino, formerly of Merrill Lynch and BlackRock, is an activist investor focused on reviving small companies that might just be sleeping giants. He still believes the so-called "end-of-the-world" scenario that investors are pricing in for that group of stocks right now is completely unwarranted. "I don't see the excesses in the system like we saw in 2008, which would cause a recession," Rendino said. Below are five of Rendino's favorite stocks right now along with the ticker, market capitalization, and thesis for each.

Persons: Kevin Rendino, there's, Merrill Lynch, Rendino, We're, We've, We'll, we're, they've, Russell Microcap, Russell, —, — Rendino, he's, Warren Buffett Organizations: BlackRock, Capital, Nasdaq, Investors

☆ Investors, you can bet on midterms bringing in a market rally even as the Fed keeps hiking rates.
▼ + stars: | 2022-11-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Let's start with a basic fact: Stocks have gained after every midterm election since World War II. But Ryan Detrick, chief market strategist at Carson Group, still thinks the stage is set for a substantial year-end market rally. How do you expect the stock market to react to the 2022 midterms? US stocks are ticking higher early Monday as election week begins. It's possible the stock market crashes 29% if a drop in corporate earnings happens at the same time as a recession.

☆ A CEO and activist investor who moved into micro caps after two decades picking stocks at BlackRock and Merrill Lynch told us his process for finding companies that can double their worth in 3 years
▼ + stars: | 2022-11-04 | by ( Marley Jay | ) www.businessinsider.com time to read: +5 min

Kevin Rendino led big value funds for Merrill Lynch and BlackRock, but changed course. He's now an activist micro cap investor and CEO of turnaround firm 180 Degree Capital. Rendino spent 24 years at Merrill Lynch and then BlackRock, as an analyst and then as a portfolio manager. At different stages, he managed a large cap value fund for six years and oversaw an equity value team that ran 11 funds that held a combined $13 billion. The firm specializes in investing in micro cap companies and helping them turn their businesses around.

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