What investors need to look for in small-cap wreckage
If the bears are right, then stocks can go lower in 2023. But cashed-up investors will find rich pickings. When the turn comes, it will be fast and large.
How low can small-cap stocks go? That question is tormenting bargain hunters after a small-cap bloodbath and this week’s relief rally in global equities.
Small-cap valuations are almost back to COVID-19 crisis levels and priced for Armageddon. That’s despite solid economic growth this year and resilient consumer spending.
Tony FeatherstoneContributorTony Featherstone writes on Personal Finance specialising in Superannuation & SMSFs, Specialist Investments. Email Tony at tony@featherstone.com.au
