A rally in underperforming small cap stocks is likely during January. We highlight a few names of interest here.
Investment banks are very bullish on economic growth and stock market performance in 2021, with expectations of low inflation, low interest rates, a weakening USD and Asian export growth. Small caps continued to lead in December, piling on gains after a record setting November. Bitcoin bits new highs, but its Fintech that has investment bankers interest. Meanwhile, big tech moves sideways.
Jennison, perhaps unsurprisingly, has had a super year with its tech heavy allocations. Ecommerce, payment systems and cloud computing have led it to its top tier ranking at Citywire.
Global Equities ripped higher in November. The Harmony USD Global Equity faired especially well holding UK and vale assets.
With more than 25% short interest, this $40 Billion US mortgage provider could be heading for a 25% gain in coming months.
Markets have hit the typical weak part of December right on schedule. Things should brighten for the bulls by Christmas. Copper has been strong and is entering a seasonally bullish time of the year .
If Hawaiian tourism picks up after COVID, this banking stock could continue to rebound from its post COVID lows. Technically, the chart is set up for a major break out.
With continued support for US infrastructure spending and increasing demand for broadband access in rural areas, this stock is poised to experience growth in 2021.
Christopher Davies Tags: GBP, LLY, PFE, Stocks, usd