Business
Broker picks best ASX small cap stocks to buy from the reporting season – Motley Fool Australia
ASX small caps have delivered better FY20 results than their bigger counterparts, but which of these emerging stocks can keep outperforming?
Last month’s reporting season turned out to be less frightful than many were expecting. But I think the ASX small caps delivered better results than those in the S&P/ASX 200 Index (Index:^AXJO).
ASX stocks at the smaller end of the market tend to be more sensitive to the domestic economy, and while things have been tough during the COVID-19 shutdown, Australia is holding up better than many comparable economies.
It’s not the FY20 profits that matter
But the issue isn’t the FY20 profit num…
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