Below we present the list of the 5 Best Small-Cap Stocks To Buy Now. For the full list and intro, be sure to check out the 10 Best Small-Cap Stocks To Buy Now.
- Synaptics Incorporated (NASDAQ:SYNA)
The back-half of our list of the 10 Best Small-Cap Stocks To Buy Now begins with Synaptics Incorporated (NASDAQ:SYNA), a company that operates in the PC, mobile, and IoT spaces. Synaptics has been a turnaround play over the past few years and found a believer in billionaire Ken Fisher’s Fisher Asset Management, which opened a stake in SYNA in Q2 2018 and which owned 1.28 million shares at the end of September 2020. Other hedge funds tracked by Insider Monkey are also becoming more bullish, with ownership of the stock among that select group of funds more than doubling over the last year.
Synaptics still has an uphill climb ahead of it however. With the global PC and mobile markets expected to be mostly stagnant in the years to come, the company will be relying heavily on its IoT segment to deliver some badly needed growth. Revenue has fallen over each of the last three years, sliding from $1.72 billion in 2017 to just $1.33 billion in 2020. On the bright side, the company has boosted its gross profit margin by 13 percentage points over the past two years.