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Goldman Sachs sees opportunities in small-cap stocks — even as the Russell 2000 finishes its worst week since early January. "I do think that you have to be very selective in small caps because things can go down with great velocity," he told CNBC's " Fast Money " on Thursday. "Within the Russell 2000, you have a lot of stuff that you probably don't want to own," he said. Even with the losing week, the Russell 2000 is up almost 2% for the year, as of Friday's market close. "Other financial conditions have eased a bit, which is also helpful for small caps.
Persons: Goldman Sachs, Russell, Greg Tuorto, CNBC's, Tuorto Organizations: Core Equity ETF, Federal Signal Corp, SPX Technologies, Federal Reserve, Nvidia, Innovation Locations: Cava, Cava —
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou have to be selective in small caps, says Goldman Sachs' Greg TuortoGreg Tuorto, Goldman Sachs Asset Management, joins 'Fast Money' to talk consumer trends, the state of small caps, restaurant stocks he likes and more.
Persons: Goldman Sachs, Greg Tuorto Greg Tuorto, Goldman Organizations: Asset Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall-caps are poised for a nice run after two tough years, says Goldman's Greg TuortoGreg Tuorto, Managing Director and Portfolio Manager at Goldman Sachs Asset Management, gives the case for small-cap stocks.
Persons: Greg Tuorto Greg Tuorto Organizations: Goldman Sachs Asset Management
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