Small-cap stocks (^RUT) are still trailing the broader markets year to date, but some on Wall Street see potential for upside in the group. Greg Tuorto, Goldman Sachs Asset Management Portfolio Manager, joins Catalysts to discuss why now is the moment to get into small-caps.
Small-caps have been a "hard place" to make money in the face of the large and mega-caps, but a "large catch-up trade" is materializing as rate certainty comes into the picture, Tuorto says. Though a higher-for-longer rate environment would impact small-cap names more than large-caps, which can refinance their debt, Tuorto says changes to the Fed’s timeline do not change his thesis.
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