One Small-Cap Stock That Won't Stay Small for Long
Mohawk Group Holdings (NASDAQ: MWK) is up 800% over the last year as investors have fallen in love with the data-driven consumer goods retailer. But even with the meteoric rise in its stock price, the company still looks to have plenty of growth ahead of it.
Let's look at why so many investors are piling into this small-cap stock.
More than 75% of product searches on Amazon do not include a brand name, according to research from Marketplace Pulse. This means consumers are going to Amazon open to discovering new items, and these days, those items are chosen based on data such as reviews and ratings. This is the market Mohawk Group is hoping to capture.
Source Fool.com
