From Nasdaq:

Small-cap stocks are expected to soar in 2024 for two main reasons. First, they’re currently undervalued and could rise to reach more typical valuations. Second, market conditions next year, including a potential Federal Reserve rate cut, could help propel this upward move. Small-cap stocks include companies with a market capitalization under $2 billion and are often more reliant on outside financing. With inflation under control and possible interest rate cuts ahead, small-cap companies could see major growth. Investors should still be selective, but companies like Sonos and Udemy could be worth considering.



Read more: 2 Reasons Why Small-Cap Stocks Could Explode Higher in 2024