An overlooked area of the stock market could soar 60% in 2024 as valuations signal a big run ahead, Fundstrat says

"Small caps relative to the S&P 500 on a price-to-book basis is back to where it was in 1999," Fundstrat's Tom Lee said on Tuesday.

https://markets.businessinsider.com/news/stocks/stock-market-outlook-small-cap-stocks-big-upside-valuation-signal-2024-1