“You can tell that the small-cap sector is still cheap relative to large caps. Some of it is because they haven't done as well this year, but also when you look at how they're priced relative to the earnings growth people expect them to produce, they're still very attractive.”
Claudia Mott
“Small-cap stocks have continued to do well relative to large caps and higher valuations result in fewer compelling investment opportunities. Although the first increase did slow cash flows, we believe that further inflow reductions are appropriate. We may need to reinvest dollars from some winners into stocks we think are more attractive. Reduced inflows will create more flexibility to do that.”
Chuck McQuaid
“Going into January, large-cap stocks had been at a historical high, whereas small and mid-caps were almost at a historical low in valuation.”
David Pearl
“Going into January, large-cap stocks had been at a historical high, whereas small and mid-caps were almost at a historical low in valuation,”
“We're already in a bear market for small- and mid-cap stocks. Big caps have been in a Super Bowl market and we are correcting that.”
Al Goldman
“It really isn't a beauty contest between big-cap and small-cap stocks that the small caps eventually win,”
Christine Callies
“We believe that securities we are buying are undervalued relative to the market, but in general, the small cap market is overvalued right now because of the considerable run up.”
Tina Larsson