From Nasdaq:

Investors are showing renewed interest in small-cap stocks after a period of decline. These smaller companies are seen as riskier but potentially high-reward investments. Fisker and Chegg are two small-cap stocks that are being recommended for 2024, with potential for significant growth.

Fisker experienced a tumultuous 2023, with a drop in stock value due to various factors. However, the company has started deliveries of its Ocean SUV and is working to improve its sales and logistics. Analysts have a mixed rating for Fisker’s stock, but there is potential for significant growth if the company can improve its performance in 2024.

Chegg, a company that benefited from the COVID-19 lockdowns, has seen a significant drop in market value. However, with strong financials, healthy cash flows, and a pivot to AI and international expansion, it is considered an attractive small-cap stock to buy for 2024. Despite stagnant revenue growth, Chegg’s low valuations make it an appealing investment opportunity.



Read more: 2 Best Small-Cap Stocks to Buy, Including 1 Analysts Expect to Triple