Table 48: Top 50 Small-Cap
North America Independent Exploration and Production (E&P) Companies, Free Cash Flow From Upstream Oil and Gas Operations, $m, 2005-2009 113
dollar and the direction of interest rates have each proved poor indicators of small-cap
Most importantly, it is critical that small-cap
IROs [investor relations officers] understand the universe of small-cap
investors and their investment criteria.
It looks like 1999 will be yet another disappointment for small-cap
aficionados, as a robust economy with little inflation fuels the fast-rising earnings of large-caps, making them hard to beat--especially in recent months.
Investors see that small-cap
prices are falling, compared with the growth in large-caps, and start pulling their money out and putting them into big stocks.
company that manufactures a private label brand may be forced to lower its price to meet that of its competition.
Below we will share with you 5 top rated small-cap
Contrary to popular belief however, we found that small cap stocks have sub-par earnings growth, and that their excess returns appear to primarily compensate investors for higher risk," says Massimo Santicchia, Equity Analyst with Standard & Poor's Equity Research Services and co-author of the report, Small-Cap
Paul is the fund manager and he has managed this small-cap
fund since 2002.
Understanding the dynamics of the small-cap
and midcap market rotation allows one to make an informed decision:
Looking ahead, Cotner says she will continue to purchase small-cap
companies with above-average earnings growth, being watchful to monitor companies that may be vulnerable to disappointing earnings.
For example, Russell uses the same cut-off point to determine small-cap
stocks in the United Kingdom as it does in Panama.