Small caps Cheap valuations among positive factors
NEW YORK: Some investors believe the stars are aligning for small-cap stocks, as the category stands to benefit from cheap valuations, robust economic growth and a relatively benign impact from looming tax policy changes.
About US$2.4bil (RM10.03bil) has flowed into US small-cap equity funds so far this month, already the biggest monthly inflow since March, according to data provider EPFR.
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