If you’re one of my long-haulers, then you most likely remember me saying the Russell 2000 is somewhat flat…
And that there’s also something most people aren’t paying attention to…
If we look at the index on a 12-month basis, its performance is about 44%. As a point of reference, the SPDR S&P 500 ETF Trust (NYSEArca: SPY), an ETF that tracks the S&P 500, is up only about 29% for the same time period.
It’s safe to say I’m still bullish on some small-cap stocks I’ve been watching for a while…
So today, I wanted to highlight and take another close look at my favorite small-cap stocks for the end of 2021.
2 Small-Cap Stocks for the End of 2021
It shouldn’t be any surprise that the first small-cap stock for the end of 2021 is Joint Corp. (Nasdaq: JYNT).
I’ve talked about this name several times!
Joint Corp. is an operator and franchisor of low-cost chiropractic clinics in around the U.S. The company’s offerings include single visits and premium wellness plans, and the average cost for a session is about $29.
The stock’s one-year return and five-year revenue growth are about 456% and 324%, respectively.
JYNT’s earnings surprises the past two quarters have been through the roof, so I have a price target of about $125 per share over the next three months.
But that’s just the first small-cap stock for the end of 2021…
Do you guys remember when I recently mentioned some hot clothing companies? Well, the next stock on my list happens to be one of those!
Here’s a hint: They make those funky, lightweight shoes that everyone’s obsessed with right now.
When I last mentioned the stock this past July, it was trading around $116 a share, but I expected it to hit the $150 level before year-end.
Well, when I went to write this report, it was hovering around $143 per share.
I hate to say I told you so, but both of these small-cap stocks for the end of 2021 are on absolute fire…
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