Our call of the day from Mary Lisanti, president of Lisanti Capital Growth and manager of the Lisanti Small Cap Growth Fund
The 36-year veteran of small-cap research tells MarketWatch that when COVID-19 hit, she started talking to companies about what they what they saw going forward and new opportunities they were finding due to the disruption.
“I don’t think I’ve ever seen a period of time where there’s this much innovation and this much maturity among the smaller companies that are public. They’re run by experienced people, they’ve got good strategies, they’re getting better all the time and to me it’s probably one of the best class of smaller companies I’ve seen,” says Lisanti.
One theme she doesn’t see going away is work-from-亚游真人官方网站home. A top pick in her portfolio is Inphi
Lisanti also owns Freshpet
Then there is all-in-one cloud contact center solution Five9
“The common thread here is that all of these companies used what was going on as an opportunity to grow business,” says Lisanti.
Stocks linked to economic reopenings have been faring less well lately than those geared to staying at 亚游真人官方网站home, says this chart from LGC’s head of research, Jasper Lawler:
Protesters tried to topple a President Andrew Jackson statue.
These hand sanitizers are toxic.
COVID-19 is fueling a boom for secondhand clothing.
Need to Know starts early and is updated until the opening bell, but sign up here to get it delivered once to your email box. Be sure to check the Need to Know item. The emailed version will be sent out at about 7:30 a.m. Eastern.
Follow MarketWatch on Twitter, Instagram, Facebook.