Small-cap stocks , with their market capitalization between $300 million and $2 billion, can be risky bets, but they can also create huge wealth for you, as evidenced by the Russell 2000 Index 's recent performance. This popular small-cap stock index is up nearly 75% in the past year.
Of course, not every small-cap stock succeeds. But if you can find potential winners early in their game, it wouldn't take much for them to become big caps, just like the three small-cap stocks we'll look at that are showing a lot of promise.
TPI Composites ' (NASDAQ: TPIC) market cap raced past the $2 billion mark earlier this year, but the stock has lost substantial ground since and has a market cap of around $1.8 billion as of this writing. The company's last provided outlook for 2021 didn't sit well with the market, but it's a near-term blip that's overshadowing the massive potential ahead of the renewable-energy stock .
For further details see:
3 Compelling Small-Cap Stocks With Big-Cap Potential