This summary was created by AI, based on 2 opinions in the last 12 months.
According to the experts, small-cap stocks like iShares Russell 2000 ETF (IVM-N) are expected to perform well in the current economic growth and falling interest rate environment. The upcoming job numbers will have a significant impact, with a potential interest rate cut in September likely to rally small caps for a few weeks. However, it is advised to wait and watch before investing in small-caps in the near term as a weak jobs number could lead to a decline in cyclical stocks.
September: Key are next Friday's job numbers, because the Hurricane Beryl probably impacted it. If that number beats, there will be a 25-point interest cut in September and small caps will rally for a few weeks. But it's too early to buy small-caps. A weak jobs number will unwind cyclical stocks.
iShares Russell 2000 ETF is a OTC stock, trading under the symbol IVM-N on the (). It is usually referred to as or IVM-N
In the last year, 1 stock analyst published opinions about IVM-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares Russell 2000 ETF.
iShares Russell 2000 ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for iShares Russell 2000 ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of iShares Russell 2000 ETF published on Stockchase.
On , iShares Russell 2000 ETF (IVM-N) stock closed at a price of $.
Small-caps do well in wider economic growth and falling interest rates, which Powell signalled yesterday.