Buy Hold Sell: Your 5 top small and mid-cap stocks for 2024 (and 2 big fundie buys)

Given the underperformance of small and mid-caps since 2021, and the fact that central banks have tipped the end of the rate-hiking cycle, many money managers are spruiking the coming wave of capital that could enter the smaller end of the market in 2024.

While small caps tend to outperform post-recession - and we haven't seen one of those - the Small Ordinaries Index has already rebounded around 16% since hitting a low at the end of October. So is there more where that came from?

To find out, Livewire's Ally Selby was joined by T. Rowe Price's Randal Jenneke and Tribeca's Jun Bei Liu for their analysis of five of Livewire and Market Index readers' top-tipped small and mid-cap stocks for 2024.

There's definitely a theme with this list - all of the stocks are either uranium darlings or biotech stars. In 2023, these five stocks delivered an average return of 90%. So there's high hopes that they can do the same over the year ahead.

Plus, we also asked our guests to name two small stocks that they believe could outperform in 2024.

Note: This episode was recorded on Wednesday, 31 January 2024.

[parps]

I was with Randal all the way through, but when he started talking about "10 times sales" he lost me there.. lol

[MarkMark-jits]

Please don't feature stocks that have just clocked 50%, 80% and 100% + gains