Are small-cap stocks cheap now?/Do auto makers make money?
Excerpt from Chart R
This recent edition explored a unique perspective on US stocks — analyzing whether smaller companies were starting to look undervalued relative to larger ones. Key point: yep, the valuation premium that US small cap stocks carried over large caps for much of the last 20 years has now disappeared — so... "Big Value in Small Caps"?
I'm glad I'm not in the auto business!