GS strategist says quality small-cap stocks worth a look as the Fed embarks on rate cuts

seekingalpha09-13

Goldman Sachs’s head of public investing suggested investors consider certain small-caps stocks with the Federal Reserve set to pull back interest rates, a move widely anticipated to start next week. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2467873768?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2155142204/image_2155142204.jpg","is_english":true,"pubTime":"2024-09-13 05:27","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2467873768","market":"sg","top_or_hot":-1,"title":"GS strategist says quality small-cap stocks worth a look as the Fed embarks on rate cuts","media":"seekingalpha","content":"<div>\n<p>Goldman Sachs’s head of public investing suggested investors consider certain small-caps stocks with the Federal Reserve set to pull back interest rates, a move widely anticipated to start next week. ...</p>\n\n<a href=\"https://seekingalpha.com/news/4149223-gs-strategist-says-small-cap-stocks-worth-a-look-as-the-fed-embarks-on-rate-easing-cycle\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GS strategist says quality small-cap stocks worth a look as the Fed embarks on rate cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGS strategist says quality small-cap stocks worth a look as the Fed embarks on rate cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-13 05:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4149223-gs-strategist-says-small-cap-stocks-worth-a-look-as-the-fed-embarks-on-rate-easing-cycle><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs’s head of public investing suggested investors consider certain small-caps stocks with the Federal Reserve set to pull back interest rates, a move widely anticipated to start next week. ...</p>\n\n<a href=\"https://seekingalpha.com/news/4149223-gs-strategist-says-small-cap-stocks-worth-a-look-as-the-fed-embarks-on-rate-easing-cycle\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6054","symbol_name":"综合支持服务","start_time":0,"source_url":"https://seekingalpha.com/news/4149223-gs-strategist-says-small-cap-stocks-worth-a-look-as-the-fed-embarks-on-rate-easing-cycle","article_id":"2467873768","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2155142204/image_2155142204.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467873768","pubTimestamp":1726176430,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"\"I would do exactly what everyone in the market has been doing. You see one of the biggest outflows of large-caps over the course of the last month or two,\" Shah said. \"That is because people have really gotten overweight those large-caps, whether it's global investors, whether it's U.S. investors. If you've had passive allocation, you've gotten overweight this space, and it's time to diversify your equity portfolio.\"  Odds of the Federal Open Market Committee cutting its key interest rate by 0.25% from 5.25%-5.5% were above 60% as of late Thursday, suggesting debate is still brewing over whether a cut of 0.50% is possible.  “I'm really concerned that people are hanging back,\" because of uncertainty around the U.S. elections in November, Shah said. \"They're going to miss the opportunity to lock in yield, to lock in returns in the equity market if they don't pay attention.”  Here are some ETFs that track small-caps: , , , , and . More on the markets","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6054":"综合支持服务","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","43A.SI":"伟盛有限公司","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","BK4504":"桥水持仓","RWM":"罗素2000指数反向ETF","BK6520":"工商业服务概念","IWM":"罗素2000指数ETF","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","UWM":"罗素2000指数ETF两倍做多","TZA":"罗素2000指数三倍做空ETF","BK4127":"投资银行业与经纪业","LU0106831901.USD":"贝莱德世界金融基金A2","XSHQ":"Invesco S&P SmallCap Quality ETF","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","IWN":"罗素2000价值股指数ETF-iShares","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","SRTY":"罗素2000指数三倍做空ETF-ProShares","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IWO":"罗素2000成长股指数ETF","BK4533":"AQR资本管理(全球第二大对冲基金)","IJR":"标普小型股600指数ETF-iShares","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","TWM":"罗素2000指数两倍做空ETF","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","DFAS":"Dimensional U.S. Small Cap ETF","GSC":"GOLDMAN SACHS SMALL CAP CORE EQUITY ETF","BK4550":"红杉资本持仓","VB":"小型股指数ETF-Vanguard MSCI","BK4552":"Archegos爆仓风波概念","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD"},"translate_title":"GS策略师表示，随着美联储开始降息，优质小盘股值得关注","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XSHQ":1,"43A.SI":1,"IJR":1,"GSC":1,"US10Y.BOND":1,"US12M.BOND":1,"DFAS":1,"US2Y.BOND":1,"US3Y.BOND":1,"US5Y.BOND":1,"US6M.BOND":1,"US7Y.BOND":1,"US30Y.BOND":1,"VB":1,"IWM":0.8,"ESmain":0.71,"IWO":0.6,"RWM":0.6,"SRTY":0.6,"TWM":0.6,"TZA":0.6,"UWM":0.6,"MRTYmain":0.6,"MNQmain":0.6,"IWN":0.6},"content_text":"Goldman Sachs’s head of public investing suggested investors consider certain small-caps stocks with the Federal Reserve set to pull back interest rates, a move widely anticipated to start next week.  Investors have been diversifying from large-caps stocks (SP500) including the Magnificent 7 group of mega-cap tech names, and small-caps hold a “meaningful opportunity,” with rate cuts ahead, Ashish Shah, chief investment officer of public investing at Goldman Sachs Asset Management, said in a CNBC interview Thursday.  \"They're going to be the primary beneficiaries in the corporate space of rate cuts,\" Shah said of small-cap companies, which have a higher share of floating-rate interest loans than large-cap businesses. \"But you got to focus on the quality,” he said.  It's \"tough\" buying the Russell 2000 (RTY) index of small-caps because it includes \"poor-quality\" constituents like meme stocks, Shah said. Acknowledging his bias, he said he prefers the Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC).  \"That's where we really focus on quality companies that are both growers as well as represent value,\" he said. \"But I do think you can take any really high-quality, small-cap active strategy, and that's going to perform over the course of the next six to 12 months.\"  So far this year, the Goldman Sachs Small Cap Core Equity ETF (GSC) has risen 11.5%, outstripping the Russell 2000's (RTY) +4.2% gain. The S&P 500 (SP500) has risen +17%. Shah noted the \"best month for small caps is coming up,” with January around the corner.  As for the Magnificent 7 and other large-caps (SP500)? \"I would do exactly what everyone in the market has been doing. You see one of the biggest outflows of large-caps over the course of the last month or two,\" Shah said. \"That is because people have really gotten overweight those large-caps, whether it's global investors, whether it's U.S. investors. If you've had passive allocation, you've gotten overweight this space, and it's time to diversify your equity portfolio.\"  Odds of the Federal Open Market Committee cutting its key interest rate by 0.25% from 5.25%-5.5% were above 60% as of late Thursday, suggesting debate is still brewing over whether a cut of 0.50% is possible.  “I'm really concerned that people are hanging back,\" because of uncertainty around the U.S. elections in November, Shah said. \"They're going to miss the opportunity to lock in yield, to lock in returns in the equity market if they don't pay attention.”  Here are some ETFs that track small-caps: (IWM), (IJR), (VB), (XSHQ), and (DFAS). More on the markets","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Policy And Regulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2467873768"}