Here we discuss Best Stocks of small cap in NYSE? New York Stock Exchange (NYSE) is the grandest stage when it comes to the stock exchange. It is where you will find the most stable and least volatile companies. It is the oldest and largest stock exchange in the world, with a market cap of $27.7 trillion. The stock exchange has 2,400 companies, with stocks ranging from blue chip companies to high-growth probability companies. Some popular names on their list include Alibaba Group Holding Limited (BABA), AMC Entertainment Holding Inc (AMC), Bank of America Cooperation (BAC), Chevron Cooperation (CVX), among many others.
All the companies listed have to meet strict requirements because NYSE strives to maintain its reputation of trading strong, high-quality securities. Operations at NYSE are carried out continuously through the trading stock exchange method of the auction floor. Specialists and brokers are the ones who perform these auction floor operations. It begins with the brokers, which are employed by investment firms. They trade either on behalf of their firm’s clients or the firm itself. These brokers will then bring to the specialists buy and sell orders. Specialists deal with one or various stocks based on their trading volume. Their volume may include small, mid, and large-cap companies.
Large-cap stocks are shares of any company worth $10 billion and above. They usually have good track records and a strong presence in the market. These are companies with blue-chip stocks. Mid-cap stocks are issued by companies with a total market cap of between $2 billion and $10 billion. One of their popular characteristics is that they often pay dividends. Small-cap stocks belong to companies worth between $250 million and $2 billion. They are stocks with the most significant growth potential. Historically, small-cap companies often outperform large-cap companies. That is why this article is considering the best stocks of small-cap in NYSE.
Top 10 Best Stocks of small cap in NYSE?
Shares of Small-Cap stocks are the most affordable, and they have promising growth potential. Below are the best small-cap NYSE stocks to invest your money in.
NB: The order of stocks on this list does not represent the writer’s preference whatsoever.
1. NYSE: BHG – Bright Health Group, Inc.
The first stock on this list is in the health sector. This is a small-cap stock with a market value of $1.308 billion. Bright Health is a health insurance company focused on facilitating patient experiences through a digital interface. Patients enrolled in their program can benefit from a suppressed cost of healthcare. Under this company are 28 risk-bearing primary care clinics. These clinics are part of their selective doctors and hospitals. In 2021, Bright Health Group announced a record 500,000 customers. At the moment, its stock rate stands at $2.09.
2. NYSE: NUV – Nuveen Municipal Value Fund, Inc.
Another top small-cap stock on NYSE is that of one of America’s finest asset managers – Nuveen. Their asset management focuses non-profitmaking institutions and individuals. On October 1st, 2014, Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA, formerly TIAA-CREF) completed its acquisition of Nuveen. Now, they manage TIAA’s capital and its third-party capitals. They have grown to a market value of $1.97 billion. They are also one of the global non-self-governing money managers with above $1 trillion assets under management. Their stock average an impressively low $9.44.
3. NYSE: SKLZ – Skillz Inc.
Skillz launched in 2012. Now, they boast of revenue of $230.115 million and a market value of $932.73 million. It is an online video game platform for multiplayer. Its worldwide popularity as a gaming company came through its integration into many Android and iOS games. After three years of its launch, it has garnered over 550 games to its name. At the time, Skillz had also partnered with 1,100 game studios while it made its one-hundredth full-time employment. The company boasts 18 million users and 13,000 developer partners. At this growth rate, your stock investment is at no risk. Its stock sells at an average of $2.30.
4. NYSE: ZEV – Lightning eMotors, Inc.
Virtually every sector is investing in renewable energy. Apart from the energy sector that contributes the most carbon emission, the transport sector is not so far behind. In the transport sector, there are companies like Tesla (TSLA), Nio (NIO), Lucid (LCID), Rivian (RIVN), etc. Most of these companies are focused on only private automotive. But Lightning eMotors is at the forefront of fleet electrification of commercial vehicles. Their stock has risen to become one of the undisputed because it is both cyclical and green. Their market cap stands at $356.79 million, while their stock is about $5.22.
5. NYSE: GSL – Global Ship Lease, Inc.
GSL is a containership owner and holding company. They lease their ships to container shipping companies under industry-standard, long-term, and fixed-rate charters. GSL operates in one of the most stable industries because 80% of the world’s trade is carried by sea. Furthermore, containerization has a lower carbon rate when compared with those air, rail, and road. To foster their goals, GSL has 65 containerships. They are also actively involved in managing the ships with activities like crewing, lubrication, periodic dry docking, and performing other maintenance work required by regulations. Also they boast of a market value of $999.85 million. They have an average stock volume of 971,027 that sells at $28.87.
6. NYSE: ACRE – Ares Commercial Real Estate Corporation
This company specializes in investing in commercial real estate loans and other related investments. Their investment portfolio is debt-related and diversified across their field. These CRE investments are carried out through senior mortgage loans, subordinated debt, preferred equity, mezzanine loans, etc. Ares focuses on creating long-term value for its shareholders. Leveraging its disciplined investment philosophy, multi-asset class experience, and creative structuring capability, they help their shareholders maintain a favorable investment performance across economic cycles. This small-cap stock of $14.96 has a market value of $697.94 million.
7. NYSE: FSD – First Trust High Income Long/Short Fund
This fund has the primary and secondary goals of providing shareholders with current income and making their capitals appreciate, respectively. This investment company runs a mutual fund that issues a one-time, fixed number of shares when raising capital. However, their portfolio is diversified with the US, foreign, and even fixed-income, high-yield emerging market securities. Therefore, they have grown their market value to $432.77 million. With their investment in healthcare, media, energy, insurance, leisure, etc., you can purchase their stock for $13.10.
8. NYSE: KN – Knowles Corporation
Knowles enables superior audio experience through audio instruments and precision devices. Their audio technology makes products like microphones, speakers, and processors. Through their precision department, Knowles makes capacitors and Radio Frequency (RF) solutions. Their products are targeted towards ear, mobile, MedTech, and IoT. They have helped revolutionize electric vehicles, defense, consumer electronics, and communication at large. After their recent acquisition of Audience, an American mobile voice and audio-processing company, they now have over 7,000 employees. Knowles is a small-cap stock of $21.41 with a market cap of $1.949 billion.
9. NYSE: FSM – Fortuna Silver Mines Inc.
In 1990, Jorge Ganoza and Simon Ridgway founded Fortuna as a low-cost intermediate silver, lead, zinc, and gold producer. Their mining operations are in five countries, namely Mexico, Cote d’Ivoire, Peru, Burkina Faso, and Argentina. It is not easy to maintain social development, community health, safety, and inclusion in ongoing mining areas. However, Fortuna has devised good governance methods to cater to the environments where they work. Their efficient production methods have helped their market position improve over the years. For instance, it was listed on NYSE in January 2022 with a market cap of $948 million, and it has gained over $300 million to reach a market value of 1.259 billion. Its stocks are available for the lowest price on this list at $4.20, with an average volume of 5.1 million.
10. NYSE: ARI – Apollo Commercial Real Estate Finance, Inc.
The last small-cap NYSE stock on this list belongs to Apollo Commercial Real Estate Finance, Inc. In their most recent public statement, they announced a dividend of $0.35 per share of their common stock. The company is a real estate financial establishment. They invest in, acquire, originate and manage corporate real estate debt and loans, mortgage-backed securities, and other real estate debt investments. It has loan offers, including senior loans, subordinate debt, bridge loans, and preferred equity. ARI incorporates environmental, social, and governance (ESG) considerations into its investment analysis and decision-making methodology. As of December 31st, 2021, their investment portfolio totals $497.6 billion in asset undermanagement. This stock belongs to a small-cap company with a market volume of 995,963. The company’s market value is $1.921 billion, while its stock rate is $13.67.
Final Thoughts: Best Stocks of small cap in NYSE
These ten stocks are the most outstanding small-cap NYSE stocks. They have the potential to provide their shareholders with the most capital appreciation. Indeed, not every small-cap stock becomes mid or large-cap. However, the risk adjustment on the return of each of these stocks is the best. These stocks listed on NYSE can leverage accountability, increased liquidity, and maximum access to capital.