Canada markets closed

iShares Russell 2000 ETF (IWM)

NYSEArca - Nasdaq Real Time Price. Currency in USD
Add to watchlist
219.15+3.02 (+1.40%)
At close: 04:00PM EDT
219.10 -0.05 (-0.02%)
After hours: 07:59PM EDT
Full screen
Loading interactive chart...
  • Yahoo Finance

    Why Gen Z bets big while boomers play it safe: A generational breakdown of market returns

    JPMorgan Asset Management's Jack Manley outlines the investing differences between each generation. It turns out that each cohort is uniquely shaped by its coming-of-age market experience.

  • Yahoo Finance

    Here's how AI is set to disrupt healthcare — albeit slowly

    Healthcare and its big web of inefficiencies is thought to be a key arena for AI disruption. But investors might have to be very, very patient.

  • Yahoo Finance Video

    How to play small-cap stocks: Ollie’s and RXO

    Josh Bennett, senior portfolio manager and director of research at Alger, joins Julie Hyman and Josh Lipton on Market Domination to discuss how to play small-cap stocks during the rate-cutting cycle. “We think the setup is pretty good for small caps now… The fact is, as the easing cycle begins, we should see that as favorable for small caps,” Bennett says, adding, “Historically, you've seen small caps trade at about a 10% premium to the large-cap index.” He highlights that “small caps just off 20-year lows in terms of relative valuation to large-cap stocks. So valuation setup is interesting.” The portfolio manager says that while it does look like the economy is on the way to a soft landing if we were to enter a recessionary period, there are small stocks that can weather a challenging macro. “Small is not weak. And I think that it's interesting. A lot of people think that small-cap companies don't have the strength, but when you look at where we operate in the small-cap segment, we're looking for the highest quality small-cap growth names that we can find.” Bennett names Ollies, a closeout retailer, as a buy in the small-cap space. “They're the largest player in the closeout industry. This is an enormous industry. $300 billion in closeout, and over $200 billion of that is non-apparel, which is where Ollie's plays. So they don't compete with TJX. They don't compete with Marshall's… Why is Ollie's a buy now? Because the consumer is looking for value more than they ever have before.” The portfolio manager also calls on RXO, a truck brokerage company that uses artificial intelligence (AI) to optimize its network, which connects trucks with companies that need to move things. “RXO should benefit as the industrial cycle begins to pick up. They'll see that benefit.” Bennett notes that if there are supply chain disruptions from the potential port strike, RXO could gain. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.