Yesterday, Federal Reserve Chair Jerome Powell hinted that interest rate cuts might be on the horizon as early as September, provided the U.S. economy stays on its anticipated path. That's good news for small-cap stocks, which benefit from lower interest rates due to higher borrowing costs.
Investors looking to capitalize on the potential upswing could consider investing in these small-cap companies with big upside potential, such as NewLake Capital Partners, Inc. (NLCP), Immersion Corporation (IMMR), and Power Solutions International, Inc. (PSIX).
