Small-Cap Value in 2019: A Rebound on the Way?

    Facebook Twitter LinkedIn Email

By Jeff John - February 20, 2019

I sure was happy to turn the calendar from 2018 to 2019.

There was a lot of volatility last year—the first time in a while that we had seen prolonged bouts of rocky markets. But I actually don’t mind a little market volatility because it gives us a chance to buy attractive companies at lower prices, or add to positions we already have in American Century’s small-cap value strategy.

My issue with 2018 was this: the markets unfairly punished a lot of companies because of macro-economic issues, like the still-unresolved trade war with China. Initially, I thought the threat of such a dispute with our largest trading partner was just posturing. As we know now, rhetoric turned into tariffs pretty quickly.

Click on my latest video to get my take on what we might expect in 2019, and for the three reasons I’m optimistic about small cap value stocks this year.


    Facebook Twitter LinkedIn Email
  • Related Articles
  • More From Author

Beyond U.S. Markets: Searching for Growth Amid Gloom

Sr. Portfolio Manager Rajesh Gandhi explains how his team finds ways to “connect the dots” to find growth businesses despite looming trade wars.

Seeking Companies With Secular Growth Prospects

Sustainable competitive advantages and pricing power are key attributes of companies Portfolio Manager Jeff Bourke seeks in the current economic environment.

Uncovering Value Amid Tech Disruption

There's always a market for value stocks out there, according to Sr. Portfolio Manager Mike Liss, even in industries disrupted by big tech.

    Small-Cap Value in 2019: A Rebound on the Way?

    Looking forward to 2019, we think there’s a great opportunity for small caps to rally again. Sr. Portfolio Manager Jeff John gives three reasons why.

    Rising Rates and Trade Wars in the Small Cap Value World

    There are two topics that much of the investing world is fixated on right now: the multi-pronged trade war and rising U.S. interest rates. In a new blog post, Vice President & Sr. Small Cap Value Portfolio Manager Jeff John shares what it means to his slice of the market.

      Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.

      The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.