Many people may balk when it comes to investing in small cap stocks as they shout “higher risks” as compared to large-cap companies.
However, new empirical evidence has demonstrated that small cap stocks deliver much higher returns as compared to large cap companies over the long run. In addition, small cap stocks offer a huge runway of growth given the right multitude of factors like a strong management team, good growth prospects and more.
Thus without further ado, here are 3 small cap stocks with strong growth prospects you can consider investing in.
1) CNMC Goldmine (SGX: 5TP)Investors bullish on gold should pay attention to this counter. The goldminer’s share price has increased by a respectable 20+% year-to-date, thanks to a corresponding increase in gold prices since early 2019.
In fact, the U.S. Fed deciding to keep interest rates at an all time low also fuelled the gold
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