These nine micro-cap stocks are tipped to surge in 2024

Stock pickers say an unusual set of circumstances presents a great opportunity for brave investors to buy cheap companies with strong outlooks.

Tom RichardsonJournalist

Dec 27, 2023 – 5.00am

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The riskiest end of the sharemarket offers a window of opportunity to pocket huge capital gains in 2024 as micro-cap stocks trade at historically cheap valuations created by an exodus of institutional money from the sector, say fund managers.

Andrew Smith says microcaps offer ‘the best opportunity set since the bottom of the GFC’. James Brickwood

Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate.