November 3, 2024

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5 Small-Cap Stocks That Surged in May and Still Have Momentum

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5 Small-Cap Stocks That Surged in May and Still Have Momentum

Article by Nalak Das – Zacks

The bull run of Wall Street is continuing in May after a fabulous April. All three major stock indexes — the Dow , the S&P 500 and the Nasdaq Composite — are in positive territory defying the well-known financial-world adage “Sell in May and go away.”

Besides these three large-cap centric indexes, the small-cap specific Russell 2000 Index is performing strongly in May. Several small-cap stocks have skyrocketed more than 25% in the past month. Here we have selected five with a favorable Zacks Rank and strong growth potential in near future. […]

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