2 Small Caps That Are Soaring in 2021
I love small-cap stocks that are growing fast and have significant runways for future growth. So far in 2021, my two best-performing stocks are both small caps: Silvergate Capital (NYSE: SI) and OptimizeRx (NASDAQ: OPRX). Silvergate stock started off the year priced at $76 and is now flying at nearly $215 a share. That's almost a triple, and the year's not over yet. OptimizeRx is right there with it, shares of the telehealth specialist were selling for $33 back in January but now stand at $90.
Despite this rapid growth, these are both small companies with massive upside. Silvergate has a $5.5 billion market cap and OptimizeRx is at $1.6 billion. Small caps can be risky and dangerous, but if you own the right small caps, your rewards over the long term can be amazing. Here's why I think risk-tolerant investors might want to research these two fast-growing small companies.
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Source Fool.com