3 Small-Cap Stocks With Big-Cap Potential
Small-cap stocks -- generally defined arbitrarily as having a market cap value of $2 billion or less -- can be an exciting but difficult investment. Stocks of small businesses are far more volatile than those of large ones, but many have huge growth potential. Some never realize their ambitions and get squashed by competition or other economic factors, but a select few make it to the big time.
Investors who can stomach the roller coaster and have time to wait are best served by investing in a diversified basket of small stocks, like this list from last month. To continue on the small-cap investment journey, here are three more with some serious upside potential: Iridium Communications (NASDAQ: IRDM), Appian (NASDAQ: APPN), and Fastly (NYSE: FSLY).
Much is being done to get internet connectivity to hard-to-reach places. Elon Musk's SpaceX and Amazon.com (NASDAQ: AMZN) are both working on broadband internet delivered via satellite to the masses. Iridium Communications is already doing it, though, albeit on a much smaller and more focused scale.
Source Fool.com
