1 Overlooked ETF to Invest in Small-Cap Tech Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 23 2024
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Source: NASDAQ.COM
Small-Cap Stocks Surge: Small-cap stocks, particularly represented by the Russell 2000 Index, have gained over 10% year-to-date due to rising expectations for an interest rate cut by the Federal Reserve, attracting investors seeking alternatives to high-valued mega-cap tech stocks.
Invesco S&P SmallCap Information Technology ETF (PSCT): The PSCT ETF focuses on small-cap tech companies and has shown potential for growth despite recent underperformance compared to larger indices; it offers a unique investment opportunity in the burgeoning small-cap tech sector with a competitive expense ratio.
Analyst Views on BMI
Wall Street analysts forecast BMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BMI is 214.86 USD with a low forecast of 157.00 USD and a high forecast of 243.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 170.140
Low
157.00
Averages
214.86
High
243.00
Current: 170.140
Low
157.00
Averages
214.86
High
243.00
About BMI
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its offerings, marketed as BlueEdge, include a suite of tailorable solutions that connect water management technology, software and support services to deliver insights enabling the proactive management of water across the water cycle. Its solutions include measurement and control hardware, connectivity and communication, data visualization and software-delivered actionable insights, and ongoing support to optimize customers' operations. Its measurement and control hardware, instruments and sensors include product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions including the ORION branded family of radio endpoints.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








