VTWO - 1 Brilliant Vanguard Index Fund to Buy Before It Soars 49% According to a Wall Street Analyst
2024-06-22 04:44:00 ET
The Russell 2000 is a barometer for small-cap stocks. It is a subset of the broader Russell 3000 , which represents the entire U.S. stock market. Specifically, the Russell 2000 measures the performance of the 2,000 smallest stocks in the Russell 3000, which collectively account for 7% of U.S. equities by market capitalization.
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, sees substantial upside in the small-cap index due to cheap valuations and interest rate cuts. Earlier this year, he told CNBC the Russell 2000 could finish the year above 3,000, which implies 49% upside from its current level of 2,014.
Investors can capitalize on that opportunity by purchasing shares of the Vanguard Russell 2000 ETF (NASDAQ: VTWO) . Here are the important details.
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1 Brilliant Vanguard Index Fund to Buy Before It Soars 49%, According to a Wall Street Analyst