10 Small-Cap Stocks With Huge Growth Potential
Investors remain optimistic about the steady recovery of the economy, backed by mass rollouts of COVID-19 vaccinations and stimulus checks to undo the financial impact of the pandemic. In this environment, small-cap stocks are gaining the attention of the Wall Street. The success of small-cap companies is often used as an indicator of the duration of a bull market, according to Wells Fargo & Company (NYSE:
WFC) senior investment strategist Brian Jacobsen. Small-cap outperformance also indicates that the bull market is only in its early stages.
Due to the uncertainty caused by the pandemic, investors appear to be interested in investing in stocks that are undervalued compared to their earning potential. Small-cap stocks are gaining momentum as optimism for the post-pandemic economy grows. The Russell 2000 index of small-cap stocks has gained 70.85% in the last year, compared to 44.5% for the large-cap S&P 500 index. The S&P Small Ca
Baird/STR Hotel Stock Index rose 3.2% in April
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HENDERSONVILLE, Tennessee, and MILWAUKEE - The Baird/STR Hotel Stock Index rose 3.2% in April to a level of 5,297. Year to date through the first four months of 2021, the stock index was up 15.8%. Advertisements Hotel stock prices increased in April, but they were relative underperformers on a monthly basis for the third time this year, said Michael Bellisario, senior hotel research analyst and director at Baird. The broader reopening trade has lost some momentum recently as investors continue to rotate into more defensive and value-oriented sectors despite the progress that is being made on the vaccination front and the sequential monthly improvement in hotel fundamentals being realized. The Hotel REITs have outperformed the Hotel Brand stocks each month this year.
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The pandemic pounded hospitality properties particularly hard, and investors are eagerly watching their recovery as vaccinations in arms raise hopes for guests in rooms. There are a number of real estate investment trusts (REITs) that specialize in hotels and motels, and it’s reasonable to expect they’ll all see some positivity return to their portfolios and reports this year. But they’re not all the same.
For our purposes in this piece, let’s look at two that have what look like similar portfolios but have had quite different experiences after COVID-19 suddenly shut down business and leisure travel, which colors their prospects going forward.
Operator
Thank you for standing by. And welcome to the Summit Hotel Properties Q1 2021 Earnings Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Mr. Adam Wudel, Senior Vice President of Finance Capital Markets and Treasure. Thank you, please. Go ahead, sir.
Neil Malkin
Analyst
Thank you, Justin, and good morning. I am joined today by Summit Hotel Properties President and Chief Executive Officer Jon Stanner. Please note that many of our comments today are considered forward-looking statements as defined by federal securities laws. These statements are subject to risks and uncertainties, both known and unknown as described in our FCC filings. Forward-looking statements that we make today are effective only as of today, May 5, 2021, and we undertake no duty to update them later. You can find copies of our FCC filings and earnings release, which contain reconciliations to non-GAAP financial measures referenced on this call, on our
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