5 Small-Cap ETFs Scaling New Highs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 29 2024
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Source: NASDAQ.COM
Small-Cap Stocks Performance: Small-cap stocks have surged, with the Russell 2000 Index gaining 10.4% this month amid expectations of Fed rate cuts, while the U.S. economy shows resilience with a GDP growth of 2.8% in Q2, driven by consumer spending and business investment.
Sector Opportunities and Risks: Lower interest rates are expected to benefit sectors like real estate, consumer discretionary, and financial services, while small-cap stocks are viewed as safer investments during political or economic turmoil, particularly amidst ongoing global conflicts.
Analyst Views on PSCH
Wall Street analysts forecast PSCH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSCH 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.
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Current: 46.032
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Current: 46.032
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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.








