As most of you know, we use various bottom-up tools and scans to complement our top-down approach.
It's really been working for us!
One way we're doing this is by identifying the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega-cap status (over $200B).
Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.
But the scan doesn't just end there.
We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.
What was once the world's largest company by market-cap has lost half a trillion dollars in value, in what feels like a split of a second.
Boy was that was fast.
Half a Trilly. Gone. Just like that.
So just to put things in perspective, for those of you who might not realize how much money that amounts to, there are only 13 companies on the planet worth over half a trillion dollars.
Apple lost half a trillion in value in just a few months.
Here it is making new 28-month lows today relative to the S&P500:
From the Desk of Steve Strazza and Alfonso Depablos
The most significant insider transaction comes in a Form 4 filing by Blue Star Exploration Corp. and director Jerry Jones, owner of the NFL’s Dallas Cowboys.
Blue Star and Jones revealed a roughly $100 million purchase in Comstock Resources Inc $CRK.
We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.
For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.
That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.
We expanded our universe to include some mid-caps.
To make the cut for our Minor Leaguers list now, a company must have a market cap between $1 and $4B.
