Kevin Rendino, CEO of 180 Degree Capital, names his top microcap stock picks and explains why the end of the Fed’s hiking cycle will propel small caps this year, in an interview with InvestmentNews. Rendino says microcaps have never been cheaper on an absolute and relative basis and remain the only asset class that continues to trade at a discount to its historical P/E. The recent run in small-cap and microcap stocks has advisors, fund managers and strategists telling their clients that it’s time to think small.
“Every other asset class trades at a premium,” Rendino said late last week. Watch the interview.
