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The Nexus
BUSINESSMay 28 · 10:32 UTCMARKETWATCHFrances Yue

Small-cap stocks are rallying, but here’s why Wells Fargo says its better to sell than buy

The Russell 2000 is outperforming the S&P 500 in 2023, but Wells Fargo warns this trend is driven by declining earnings estimates for small-cap stocks. The bank advises investors to sell rather than buy amid concerns about deteriorating fundamentals.

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Wells FargoorganizationRussell 2000topicS&P 500topicsmall-cap stockstopicearnings estimatestopic
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