Stifel says buy small-cap stocks into year-end due to the improving business environment
Stifel is optimistic about smaller companies because of their strong financial performance and the benefits they got from tax reform. "We remain constructive on U.S. small cap equities looking forward," global head of investment strategy Michael O’Keeffe says in a note to clients. Small-cap stocks' big run this year will keep going into year-end, according to Stifel.