RBC Capital advises caution on US small caps due to recent underperformance and market trends.

From Investing.com: 2024-06-17 08:53:02

RBC Capital analysts advise caution on US small-cap stocks due to recent underperformance and market trends favoring large-cap growth stocks. Factors like slowing GDP forecasts, positive earnings revisions, and reduced crowding boost large caps. RBC remains neutral on small caps, citing lack of fundamental support. They suggest waiting for Fed rate cuts before increasing small-cap exposure.



Read more at Investing.com: Too early to turn bullish on US small caps By Investing.com