Small-caps’ uncertain nature can sometimes deter investors. However, history bears witness to small-cap stocks evolving into big winners in the long term. They usually receive less analyst attention, offering investors an opportunity to enter early.
The Hidden Gems
For those interested in small-cap exposure, three stocks stand out – GigaCloud Technology GCT, Hibbett HIBB, and Carrols Restaurant Group TAST. All three carry a promising Zacks Rank, signifying optimism among analysts. Let’s delve deeper into each of these exemplars.
The Power of Carrols
Carrols Restaurant Group stands as one of the largest restaurant franchisees in the U.S., operating over 1,000 Burger King and 62 Popeyes outlets across six states. Analysts have notably turned bullish on its current fiscal year, with the Zacks Consensus EPS Estimate of $0.49 well above the -$0.40 per share loss projected last January. The stock proudly flaunts a Zacks Rank #1 (Strong Buy).
GigaCloud’s Skyward Trajectory
GigaCloud Technology Inc. pioneers global end-to-end B2B e-commerce solutions for large parcel merchandise. Analysts have raised earnings expectations, elevating the stock to a Zacks Rank #1 (Strong Buy).
Hibbett’s Athletic Evolution
Hibbett has transitioned from sports goods to a fashion-focused assortment, and the stock currently holds a Zacks Rank #2 (Buy). Earnings expectations have also seen a steady rise across various timeframes.
An Eye on the Future
All three stocks above – GigaCloud Technology GCT, Hibbett HIBB, and Carrols Restaurant Group TAST – deserve a spot on the watchlist for small-cap enthusiasts. Positive earnings estimate revisions among analysts indicate short-term optimism.
