Longshot Ideas

Back on May 19th, we published a Chart of the Day titled "Longshot Ideas" featuring 15 small-cap stocks "across our AI Baskets, the Bespoke 50, and our Triple Play Report that look like longshots with at least the potential to rally in the right market environment." Please give that Chart of the Day a read (click here) for more color on our reasoning behind the report.

On Tuesday we provided an updated look at the initial 15 stocks featured back on 5/19. On average, these names were up 23.1% in less than two months. At the same time, five of the 15 names were down since 5/19. As we discussed in our initial post, all it takes is one or two big winners in a basket of diversified "longshots" to drive strong overall performance, and the action in this group of names since 5/19 highlights exactly that.