EXCLUSIVE: Russell Strategist Uncovers Top Small-Cap Picks — Seizing Opportunities In A Low-Rate Environment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 09 2024
0mins
Source: Benzinga
Investment Insights: Paul Eitelman from Russell Investments highlights that small-cap managers are focusing on sectors like banks, technology, and highly indebted companies that may benefit from declining interest rates, while emphasizing the importance of stock selection over broad sector bets due to economic uncertainty.
Market Strategy: Eitelman advises a cautious approach in the small-cap space, recommending targeted sector tilts and prioritizing individual stock performance to navigate fluctuating economic conditions effectively.
Analyst Views on SPSC
Wall Street analysts forecast SPSC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPSC is 99.13 USD with a low forecast of 80.00 USD and a high forecast of 110.00 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.
10 Analyst Rating
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 91.130
Low
80.00
Averages
99.13
High
110.00
Current: 91.130
Low
80.00
Averages
99.13
High
110.00
About SPSC
SPS Commerce, Inc. is a provider of retail supply chain cloud services, connecting trading partners around the globe to optimize supply chain operations for all retail partners. The Company supports data-driven partnerships with innovative cloud technology and customer-obsessed service that focuses on retail, grocery, distribution, supply, manufacturing, and logistics firms. The Company's products include Fulfillment, Analytics, and Other products. Fulfillment products offer a comprehensive solution designed to streamline supply chain operations. The Analytics products simplifies managing sell-through data from our customers business partners by handling data acquisition, cleansing, normalization, and delivery. Its Other products offer complementary products, such as assortment and community. In addition to these offerings, it also provides one-time services such as professional services and testing and certification.
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.
