June may almost be over, but that’s still enough time to get in on the investing game. This month, markets experienced volatility, in part because of trade war fears; but we also saw mega-cap stocks jump on the market, and companies have successful market debuts. While mega-cap stocks garnered a lot of attention in June, analysts previously forecasted that small-cap stocks would be the ones shining this month. The catch is, investors just need to know where to look.
If you’re looking for a last-minute investment this month (you still have two weeks!), here are two small-cap stocks analysts said to watch in June.
Last-Minute Investing This Month? Check Out These Small-Cap Stocks
Small-cap stocks can be unpredictable. Sometimes they fail, and sometimes, they bring big-time growth potential. The following stocks on this list are thought to do the latter over the next couple years.
1. Noble Midstream Partners (NYSE:NBLX)
Based in Houston, Texas, Noble Midstream Partners is a pipeline operator managed by Noble Energy Inc; this is a US oil and gas exploration and production company.
At the beginning of this month, the Motley Fool said Noble Midstream would boast big-time growth, as it’s on track to increase its earnings by 63% through the end of 2020. Contributing to this growth is the completion of various expansion projects. If Noble Midstream Partners was to grow its earnings, investors might see the company’s market value move out of the small-cap stock range.
It’s not just because Noble Midstream Partners might grow its earnings through the end of 2020, either. According to analysts, the company might also keep growing its earnings well after that. Volatility can occur of course, but right now, Noble Midstream is in an attractive position to meet this expectation: it has a strategic position in DJ Basin and Delaware Basin, two of the fastest-growing shale plays in the United States.
With earnings growth set to provide this small-cap stock with considerable cash flow, Noble Midstream can be using this cash to build new infrastructure, but also increase its high-yield dividend. And that’s something investors might not want to lose focus of.
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At the time of writing, NBLX stock is trading at $30.90, putting it up 0.32% on the New York Stock Exchange.
2. Axsome Therapeutics (NASDAQ:AXSM)
Now, this small-cap stock is not for the faint of heart. It’s riskier than Noble Midstream Partners, but if you can handle volatility and risk, you might just see yourself being rewarded for taking a position in Axsome Therapeutics. At least, that’s what The Motley Fool says.
Based in the United States, Axsome Therapeutics is a clinical-stage biopharmaceutical company; it focuses on expanding treatment options to improve the lives of patients. Since the start of 2019, Axsome stock has gained more than 700%, a journey that began after the company released promising data from its phase 2 trial evaluating its lead drug candidate, AXS-05.
An attractive side to Axsome Therapeutics is that it’s a simple company, constantly releasing new and exciting clinical results. The composition of AXS-05 is simple (it’s a combination of dextromethorphan and bupropion), and it has also been granted by the FDA the coveted Breakthrough Therapy Designation.
At the time of writing, AXSM stock is down 2.10% on the Nasdaq Exchange.
Takeaway
Axsome Therapeutics is a riskier and more speculative bet than Noble Midstream. However, the company is also set for an exciting seven months; it might be fun to hold a position in a company that’s always progressing. It just depends on what you value as an investor.
What small-cap stocks do you want to hear about next?
Featured image: PixaBay
