Huge S&P 500 stocks dominated all year.
But suddenly this month, investors are looking at scooping up much smaller
companies for a song.
Twelve stocks in the SPDR S&P 600 Small
Cap ETF (SLY), like industrial Circor International (CIR), struggling financial
PacWest Bancorp (PACW) and consumer discretionary Designer Brands (DBI), are up
25% or more just in the month of June so far, says an Investor's Business Daily
analysis of data from S&P Global Market Intelligence and MarketSmith.
The S&P 600 Small Cap ETF itself it up
7.2% in the month. That blows away the big-company-focused SPDR S&P 500 ETF
Trust (SPY), which is up "only" 2.7% in that time.
"Small cap stocks have turned the
table on their large cap peers with five percentage points of
outperformance," said Bespoke Investment Group in a report.
And investors are making no secret of the
kinds of small stocks they like best. And if history is a guide, many of them
could rise further.

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