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Because the Fed has declared that it will keep benchmark interest rates near zero for now, with no plans to raise them in the soon, small-cap companies have much scope to grow by taking advantage of the ‘cheap money’ environment. In fact, with mega-cap tech shares experiencing a sell-off on investors’ expectations of a market correction due to the COVID-19 resurgence, small-cap tech stocks could be safer bets now.
As such, Wall Street Analysts expect fundamentally sound small-cap technology stocks Impinj Inc. (PI) and Zix Corporation (NASDAQ:ZIXI) to rally by more than 50% over the next 12 months.
