Small Cap Stocks to Consider - February 02nd

Small cap stocks can be an intriguing option for investors looking for growth opportunities at a smaller scale. These stocks are typically issued by companies with a market capitalization ranging from $300 million to $2 billion, which often means they are newer and less established than their large-cap counterparts. While this can present higher risk, it can also lead to higher reward potential. Here are seven small-cap stocks worth watching today.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ aims for investment results that correspond to three times the inverse of the daily performance of the NASDAQ-100 Index. This index features 100 of the top non-financial domestic and international stocks listed on the NASDAQ. On Friday, shares of SQQQ were trading at $29.03, with a trading volume of over 73 million shares. The stock has shown a range from a low of $27.23 to a high of $64.95 over the past year.

AltC Acquisition (ALCC)

AltC Acquisition Corp. is focused on making a significant merger or business combination. This company had a recent stock price of $41.61 with trading volumes surpassing 26 million. Over the last year, AltC shared a low price of $10.27 and a high of $18.80.

TCTM Kids IT Education (TCTM)

TCTM Kids IT Education Inc. provides IT-focused educational services in Mainland China, aimed at children aged three to eighteen. Recently, this stock traded at $0.78 and had a remarkable trading volume of nearly 730 million shares. The stock's yearly low was $0.18, and it peaked at $2.99.

Spring Valley Acquisition (SV)

On Friday, Spring Valley Acquisition's stock reached $23.84, trading around 19 million shares. This stock boasts a past low of $8.56 and a high of $11.23 over the last year.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. specializes in developing quantum computing technologies. Their stock recently hit $5.94 with over 74 million shares exchanged. D-Wave’s market cap is $1.60 billion, with a yearly low of $0.75 and a high of $11.41.

TeraWulf (WULF)

TeraWulf’s stock price was about $4.77 as of recent trading, with almost 70 million shares exchanged. The company has seen its stock range from $1.55 to $9.30 in the past year.

Cyclerion Therapeutics (CYCN)

Cyclerion Therapeutics develops medications for serious diseases. Recently, the stock traded at $3.92 with a trading volume exceeding 82 million shares. Over the past year, Cyclerion's lowest price was $1.27 while it peaked at $9.47.

Investing in small-cap stocks can be risky, but also potentially rewarding. Be sure to conduct thorough research and consider your risk tolerance before diving into these investments.

stocks, investing, smallcap