5 Small-Cap Stocks to Buy According to Ken Fisher

2. Yelp Inc. (NYSE:YELP)

Fisher Asset Management’s Stake Value: $101 million

Percentage of Fisher Asset Management’s Portfolio: 0.05%

Market Cap as of June 16: $1.96 billion

Yelp Inc. (NYSE:YELP) is one of Ken Fisher’s most significant small-cap stocks. With a market capitalization of $1.96 billion, the company is approximately $40 million shy of being a mid-cap stock. Fisher Asset Management decreased its activity in the company by 3% in the first quarter of 2022, yet it remains the most significant stakeholder of the company, with a stake worth $101 million.

Yelp Inc. (NYSE:YELP) missed the Q1 EPS estimates of $0.34 by a considerable margin as it posted an EPS of $0.14. However, the company surpassed its revenue estimates by $10.03 million after generating revenues of $276.63 million.

On May 10, Yelp Inc. (NYSE:YELP)’s price target was lowered from $42 to $37 with a Market Perform rating on the shares by BMO Capital analyst Daniel Salmon. In a research note, the analyst added that the company is performing well in executing the ad product roadmap and expanding its self-serve and multi-location businesses. However, its catalysts remain shifty and near-term investment continues.