Small-cap stocks are expected to perform well this year. The Bank of America Securities, in fact, is asking investors to consider small caps this year to hedge against a declining market. The firm expects small-caps to offer 12% over the next 10 years, compared to just 5% from the large-cap S&P 500 over the same time period. Let’s take a look at the five best and worst performing small-cap stocks in Jan 2023.
Five Best Performing Small-Cap Stocks In Jan 2023
We have taken the January return data of small-cap stocks from finviz.com to rank the five best and worst performing small-cap stocks in Jan 2023. Here are the five best performing small-cap stocks in Jan 2023:
5. Theseus Pharmaceuticals (182%)
Theseus Pharmaceuticals Inc (NASDAQ:THRX) shares are up by almost 93% in the last three months bringing their 12-month return to over 15%. As of this writing, Theseus Pharmaceuticals shares are trading at around $11.50 with a 52-week range of $4.01 to $15.21, giving the company a market capitalization of more than $470 million.
4. Vaxxinity (185%)
Vaxxinity Inc (NASDAQ:VAXX) shares are up by almost 85% in the last three months bringing their 12-month return to -54%. As of this writing, Vaxxinity shares are trading at around $2.80 with a 52-week range of $1.24 to $8.35, giving the company a market capitalization of more than $350 million. The company reported revenue of more than $65k in 2021, down from over $557k in 2020.
3. Faraday Future Intelligent Electric (207%)
Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) shares are up by almost 10% in the last three months bringing their 12-month return to -85%. As of this writing, Faraday Future Intelligent Electric shares are trading at around $0.69 with a 52-week range of $0.245 to $7.85, giving the company a market capitalization of more than $410 million.
2. BigBear.ai (409%)
BigBear.ai Holdings Inc (NYSE:BBAI) shares are up by over 342% in the last three months bringing their 12-month return to almost 5%. As of this writing, BigBear.ai shares are trading at around $4.70 with a 52-week range of $0.58 to $16.12, giving the company a market capitalization of more than $600 million. The company reported revenue of more than $145 million in 2021.
1. Motorsport Games (792%)
Motorsport Games Inc (NASDAQ:MSGM) shares are up by almost 45% in the last three months bringing their 12-month return to -69%. As of this writing, Motorsport Games shares are trading at around $12.50 with a 52-week range of $2.01 to $49.50, giving the company a market capitalization of more than $40 million. The company reported revenue of more than $15 million in 2021, down from over $19 million in 2020.
Five Worst Performing Small-Cap Stocks In Jan 2023
Here are the five worst performing small-cap stocks in Jan 2023:
5. Alvarium Tiedemann Holdings (-33%)
Alvarium Tiedemann Holdings Inc (NASDAQ:ALTI) shares are down by over 22% in the last three months bringing their 12-month return to -21%. As of this writing, Alvarium Tiedemann Holdings shares are trading at around $8.10 with a 52-week range of $5.54 to $28.49, giving the company a market capitalization of more than $875 million.
4. Enovix (-34%)
Enovix Corp (NASDAQ:ENVX) shares are down by over 39% in the last three months bringing their 12-month return to almost -45%. As of this writing, Enovix shares are trading at around $8.20 with a 52-week range of $6.50 to $26.30, giving the company a market capitalization of more than $1.20 billion.
3. Fate Therapeutics (-37%)
Fate Therapeutics Inc (NASDAQ:FATE) shares are down by almost 73% in the last three months bringing their 12-month return to almost -84%. As of this writing, Fate Therapeutics shares are trading at around $6.10 with a 52-week range of $4.02 to $43.12, giving the company a market capitalization of more than $600 million. The company reported revenue of more than $55 million in 2021, up from over $31 million in 2020.
2. Dragonfly Energy Holdings (-41%)
Dragonfly Energy Holdings Corp (NASDAQ:DFLI) shares are down by over 10% in the last three months bringing their 12-month return to -21%. As of this writing, Dragonfly Energy Holdings shares are trading at around $7.50 with a 52-week range of $6.71 to $28.75, giving the company a market capitalization of more than $340 million. The company reported revenue of more than $78 million in 2021, up from over $47 million in 2020.
1. FiscalNote Holdings (-46%)
FiscalNote Holdings Inc (NYSE:NOTE) shares are down by almost 32% in the last three months bringing their 12-month return to -64%. As of this writing, FiscalNote Holdings shares are trading at around $3.40 with a 52-week range of $3.22 to $12.30, giving the company a market capitalization of more than $460 million. The company reported revenue of more than $82 million in 2021.
This article originally appeared on ValueWalk
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.