Tech stocks may once again lead the overall market in coming months as the negative impact of high interest rates finally subsides. Small-cap tech stocks can be risky, volatile investments given the unpredictability of new technologies. In addition, many small-cap tech companies compete with larger, more established companies that can outspend them.
Large-cap tech names get most of the attention on Wall Street, but their small-cap counterparts may be better buys for risk-tolerant investors seeking larger returns. Here are seven of Bank of America’s top tech stock picks for 2024 with market capitalizations of $2 billion or less.
This post originally appeared at U.S. News & World Report.