One tenet of the efficient markets hypothesis is that small caps, over time, outperform their larger peers. They do have higher risk profiles than large cap stocks. A third small cap worth watching is Iridium Communications IRDM (IRDM), which provides voice and data communications to hard-to-reach areas throughout the globe, whether by air, sea or land. Stockcharts.comThe stock gapped down more than 12% on February 9, following a fourth-quarter loss of $0.06 per share, better than estimates of an $0.08 per share. That represented a big improvement over 2019’s fourth-quarter loss of $.82 per share.
Source: Forbes February 14, 2021 19:07 UTC