1 Brilliant Vanguard Index Fund to Buy Before It Soars 49%, According to a Wall Street Analyst
The Russell 2000 is a barometer for small-cap stocks. It is a subset of the broader Russell 3000, which represents the entire U.S. stock market. Specifically, the Russell 2000 measures the performance of the 2,000 smallest stocks in the Russell 3000, which collectively account for 7% of U.S. equities by market capitalization.
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, sees substantial upside in the small-cap index due to cheap valuations and interest rate cuts. Earlier this year, he told CNBC the Russell 2000 could finish the year above 3,000, which implies 49% upside from its current level of 2,014.
Investors can capitalize on that opportunity by purchasing shares of the Vanguard Russell 2000 ETF (NASDAQ: VTWO). Here are the important details.
Source Fool.com
