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The Time for Small Caps is Upon Us
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A new king of the stock market has been crowned.
Last week, Nvidia (NVDA) briefly passed up Microsoft (MSFT) and Apple (AAPL) to become the largest publicly traded company in the world. Microsoft is back in the lead as I write this, but it remains a tight race. All three firms are currently valued at more than $3 trillion.
In total, seven U.S. companies are worth at least $1 trillion.
These mega-cap stocks have been grabbing nearly every headline here in 2024 – and for good reason. They have been the main drivers behind the stock market rally that began in October.
But what’s been going on in the small-cap world? These are the companies that will become the next trillion-dollar businesses. Why have they been lagging and when will the group take the torch back from the mega-caps?
That’s what Tim Bohen and Matt McCall talk about on today’s new episode of the SteadyTrade Podcast.
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