3 Small-Cap Stocks with Big-Cap Potential
Unlike the large and well-known names that comprise the S&P 500 and Dow Jones Industrial Average, small-cap companies represent opportunities to be an early investor in an emerging business. The rise of $50 billion-and-higher IPOs and SPACs has flooded the market with higher-value names. But many of the largest companies in the world, like Amazon and Netflix, started out as small-cap companies.
Small-cap stocks are typically classified as having market caps under $2 billion. TPI Composites (NASDAQ: TPIC), Hannon Armstrong (NYSE: HASI), and Virgin Galactic (NYSE: SPCE) are a bit above that threshold, but are worth discussing as lesser-known names with growth potential. Here's what makes each a great buy now.
Source Fool.com