3 Small-Cap Stocks to Buy if the Stock Market Crashes
COVID-19 and the response to halt its spread has been a game-changer for many companies. It's still early on, but the mass migration to all things digital that was already underway got a huge shot in the arm and is reshaping society. Since the economic lockdown in late March and early April, I've been trying to uncover small but promising digital companies that could benefit as a result.
The market has rallied over 40% from lows in late March, even though the world is still a mess. I've thus struck a more cautious buying tone for the time being, but if stocks make another pullback (arbitrarily defined as a drop of 10% or more from current prices) this summer or autumn, I'll be jumping in headfirst once again.
Three stocks high up on my list are Baozun (NASDAQ: BZUN), American Software (NASDAQ: AMSWA), and LiveRamp Holdings (NYSE: RAMP). Let's find out a bit more about these three small-cap stocks.
Source Fool.com
