The Russell 2000 index, which focuses on small-cap stocks, is brimming with companies that may benefit from a potential rate cut later this year. Lower borrowing costs tend to disproportionately benefit smaller, more agile companies because of their high capital requirements for growth.

Which Russell 2000 constituents stand out as top buys right now? Wall Street analysts think the following three stocks are among the index's most undervalued. These innovation-forward firms are indeed risky, but their enormous upside potentials may warrant a place in a speculative growth portfolio. Read on to find out more.

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Source Fool.com