TTD - Have $3000? Consider Buying These Small-Cap Stocks
The COVID-19 pandemic has challenged many smaller companies. Investors who favor stocks below $2 billion in market capitalization for growth potential are probably wondering if it's safe to put new money there with so many uncertainties about how the pandemic is going to play out in the coming months. It's a very good question, especially since many growth stocks have already bounced back, and the share prices of some of the best growth stocks don't seem to be discounting the risks.
Fortunately, there still are some good buys in small-cap stocks, especially in industries where the market still seems to be wary of pandemic risks. The advertising business is still shaky, but Magnite (NASDAQ: MGNI) is a small-cap stock with big-cap potential. Retail stocks have rebounded, but those of their landlords haven't, and Retail Opportunity Investments Corporation (NASDAQ: ROIC) stands out as a relatively safe place to put $1,000 of your hard-earned savings. Lastly, medical equipment stocks were hit when routine procedures were put on hold, but that has barely fazed little Zynex (NASDAQ: ZYXI), which continues put up remarkable growth numbers.
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