Trump Presidency Could Be A Boon For Small Cap Stocks: Fundstrat's Tom Lee Sees Them Doubling Over Next 2 Years

Small-cap stocks could see a significant boost under President-elect Donald Trump’s presidency, potentially doubling their value over the next two years, according to Tom Lee, head of research at Fundstrat.

What Happened: During an interview with CNBC on Friday, Wall Street strategist Lee expressed optimism for small-cap stocks, attributing this to Trump’s re-election.

The election results have already caused a surge in stocks as traders anticipate a new economic agenda, relaxed regulations, and tax cuts.

Lee believes there’s still significant potential for growth. He noted that the index is currently trading at around 10 times forward median earnings, a lower valuation than the S&P 500, which is ...

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