Small-cap stocks can make a smart holiday gift for investors, and now looks like the time to buy the dip, according to BTIG.
The small-cap Russell 2000 seems to be running out of steam as the end of the year approaches, with the index down nearly 3% in December.
.RUT 1M mountain The Russell 2000, a benchmark index of small cap stocks, is down in December.
Small-cap stocks have had several strong periods throughout 2024, but they have proven to be short-lived.
However, the shift doesn't mean that the historical pattern for small caps will be broken this year, according to Krinsky.
Persons:
Russell, Jonathan Krinsky, It's, Krinsky
Organizations:
Nasdaq, Leadership, Big Tech, RSP