SPIR - 7 Microcaps To Buy Ahead Of Possible Russell 2000 Inclusion

2024-04-19 12:44:39 ET

Summary

• Microcaps that get added to the Russell 2000 generally see forced buying from index ETFs and mutual funds.
• The Russell inclusion for 2024 will add stocks to the index with market caps around $184 million.
• I have identified and bought 7 micro caps for growth portfolios, while selling cash-secured puts in assertive retiree income portfolios.
• Aemetis and Spire Global are my top microcap picks for Russell 2000 inclusion in 2024.
• There are no guarantees for these highly volatile stocks, but I believe there is asymmetric upside against limited risk.

Micro cap stocks are those typically defined at around $300 million in market cap or less. Companies of this size are often duds, but, others are super high growth with the potential to fulfill Peter Lynch's thoughts on small companies......

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