The best small cap stocks for 2023

Marc Kennis Marc Kennis, November 25, 2022

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.



Blog Categories

Get Our Top 5 ASX Stocks for FY25

Recent Posts

custodian trades

Custodian trades: Here’s why it wasn’t really JP Morgan, HSBC or CBA that risked their money on your stock

Custodian trades are trades that make it appear like a major bank has bought or sold your company, but it…

ross stores

Ross Stores (NDQ:ROST): US$20bn in revenues from serving America’s depraved working class

Ross Stores (NDQ:ROST) is an S&P 500 company that is well and truly for the working class, being America’s largest…

ASX IPOs that bounced back

6 ASX IPOs that bounced back with a vengeance after a nuanced debut

The list of ASX IPOs that bounced back is nowhere near as long as the list of IPOs that flopped…