This post was originally published on this site
However, initial reports suggest that the fears related to the omicron coronavirus variant may have been exaggerated; the variant has so far been found to cause mild illness. Dr. Angelique Coetzee, chair of the South African Medical Association, said, “Currently, there is no reason for panicking, as we don’t see severely ill patients.” Also, JP Morgan Chase & Co. (NYSE:JPM) expects the S&P 500 to surge beyond 5,000 in the first half of 2022.
Against this backdrop, quality small-cap stocks may be better positioned to grow in the coming months due to cheap valuations, robust economic growth, and a relatively ‘benign impact from looming tax policy changes.’ Fundamentally solid small-cap stocks Genesco Inc . (GCO), Huttig Building Products, Inc. (HBP), and Friedman Industries, Incorporated (FRD) may not be making headlines but have significant growth potential. So, we think it could be wise to scoop up their shares now.
