5 ETFs Leading the Small-Cap Rally
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2024
0mins
Source: NASDAQ.COM
- Small-Cap Stocks Rally: Small-cap stocks, represented by the Russell 2000 Index, surged in May with a 7.1% gain, outperforming the S&P 500.
- ETFs Leading the Rally: Highlighted ETFs that performed well include PSCU, XJR, ISMD, XSMO, and IJR, all with a Zacks ETF Rank #3 (Hold).
- Small-Cap Stocks vs. Large-Cap Stocks: Small-cap stocks are cheaper than large-cap stocks, making them an attractive investment option.
- Factors Driving Small-Cap Rally: Renewed rate cut bets, optimism among small-business owners, and potential growth opportunities in AI are driving the small-cap stock rally.
- ETF Profiles: Detailed profiles of the highlighted ETFs, including their performance, holdings, and fees.
Analyst Views on ISMD
Wall Street analysts forecast ISMD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ISMD is USD with a low forecast of USD and a high forecast of 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.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 42.410
Low
Averages
High
Current: 42.410
Low
Averages
High
No data
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.
