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Stock impact report

Nuvation Bio Inc. (NUVB): Promising Penny Stock with Strong Oncology Pipeline [Yahoo! Finance]

Nuvation Bio Inc. Class A (NUVB) 
Company Research Source: Yahoo! Finance
Small and medium-sized companies are the most affected by the direction of the economy and interest rates. With the US Federal Reserve cutting interest rates and the economy steering into a soft landing, the focus is slowly shifting towards penny stocks that remain well-positioned to be supercharged by improving macroeconomics. It's time to go all in into the small-cap rotation play after years of market domination by large-cap stocks. That's the sentiment echoed by Citi U.S. equity strategist Scott Chronert, who believes small-cap stocks offer an affordable way of investing in value and are well-poised to generate long-term value. READ ALSO: 10 Worst-Performing Growth Stocks in 2024 and 8 Best Micro Cap Stocks to Buy According to Analysts “Combined, investors could be paying a much lower multiple for a similar growth profile going forward,” he wrote. “Given post-pandemic peculiarities, the lack of a real cycle, and secular trends that support leaders, we still want to be owner Show less Read more
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