Ethan Meyers, the research director at Westfield Capital Management, has a knack for identifying promising investments that have proven fruitful, especially for the Harbor Small Cap Growth Fund, where Westfield is a subadviser.
The fund has consistently outperformed, landing in the top echelons of its category over the past five years, including a notable finish in the top 14% for 2023, as per Morningstar.
Meyers' diverse investment strategy spans small to large caps. Yet, he currently sees the most potential in small-cap stocks, citing their significant upside compared to their larger counterparts, reported Business Insider.
The backdrop of U.S. stocks reaching all-time highs masks the nuanced reality of the market, Meyers told the publication. While indices like the S&P 500 have surged, the performance of many individual stocks remains lackluster.
This disparity has led to a market concentration in a handful of large-cap growth stocks, such as Amazon.com Inc (NASDAQ: AMZN), Apple ...