3 Top Small-Cap Stocks to Buy in November
The COVID-19 pandemic and subsequent recession took much more of a toll on smaller companies than their larger counterparts. While large internet companies are soaring to trillion dollar valuations and beyond, a recent survey by the U.S. Census Bureau showed nearly 80% of small businesses are feeling a moderate-to-large negative effect. A good indication of this can be found in two widely followed stock indexes. While the S&P 500 is up nearly 8% this year, the Russell 2000 -- made up of the bottom two-thirds of the 3000 largest publicly traded American companies -- has lost more than 3% year to date.
The following three companies stand to survive the difficult times and thrive on long-term societal trends, and are all great buys this month. Yelp (NYSE: YELP) and Fitbit (NYSE: FIT) are well-known consumer brands despite their small size, and AMN Healthcare Services (NYSE: AMN), just as well-known in the healthcare industry, is carving out a position as the leader in workforce solutions for health systems.
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Source Fool.com
