The best small cap stocks for 2023

Marc Kennis Marc Kennis, July 17, 2023

What are the best small cap stocks in this tricky market?

This year’s small cap underperformance has been far worse than usual, according to our own Stuart Roberts. The ASX100 was down only 0.7% over the last twelve months, while ASX Small Ordinaries was down a whopping 18%.

Stuart says investors should get ready for the turn and that this is a stock pickers market in the small caps space. Rising interest rates, and poor investor sentiment seemed to have fuelled fears that the valuation multiple crunch will go on for a long time.


Which sector look attractive right now?

Stuart says discretionary retail looks good and mentions Michael Hill International (ASX: MHJ), Universal Store (ASX: UNI) and Premier Investments (ASX: PMV) as some of the best small cap stocks. He says travel stocks are also appealing and recommends a look at Corporate Travel Management (ASX: CTD).


Watch Stuart on Ausbiz below!

best small cap stocks



No time to do stock research, but you still want to invest?
Stocks Down Under Concierge gives you timely BUY and SELL alerts on ASX-listed stocks!



No credit card needed and the trial expires automatically.



Recent Posts

metal exchanges

Should I invest in metal exchanges rather than in resources stocks?

If investing in resources stocks (particularly junior explorers) is too risky, another option is investing in metal exchanges. But is…

Leo Lithium

Leo Lithium (ASX:LLL): Here’s why it was the best ASX lithium stock and why it isn’t anymore

Investors have been excited about Leo Lithium (ASX:LLL) over the past year and so have we! We thought this was…

top investing mistakes

Here are the 5 Top investing mistakes and how to avoid them

We recap the 5 top investing mistakes that investors make. These mistakes are not the only ones investors make, but…