The rotation to small caps is a 'generational event,' says MAI Capital's Chris Grisanti

Chris Grisanti, chief market strategist at MAI Capital, joins 'The Exchange' to discuss if investors can trust the small cap rotation, reasons for the small cap rally, and what are the investment conclusions. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
» Subscribe to CNBC TV: cnb.cx/Subscri...
» Subscribe to CNBC: cnb.cx/Subscri...
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedI...
Follow CNBC News on Instagram: cnb.cx/Instagr...
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC on Threads: cnb.cx/threads
Follow CNBC News on X: cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: cnb.cx/WhatsAp...
www.cnbc.com/s...
#CNBC
#CNBCTV

[@michaelschiemer3]

What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox?

[@ClaytonPaterson-uu6kh]

People employ various tactics to capitalize on market fluctuations, whether it's experiencing an upswing or downturn.

[@Rachadrian]

Certain Ai companies are rumoured to be overvalued and might cause a market correction, i think it’s best you reach out to a proper fiduciary for guidance

[@Dantursi1]

While keeping your portfolio allocations balanced, de-risk your investments, support your core holdings, and take some gains. Even managed portfolios don't always perform as well as I would advise, so it's essential to get the advice of a qualified fiduciary; my spouse and I find that this works for us. Net of dividends, we have had over 80% capital growth.

[@SteveEstrada-js9nu]

this is all new to me, where do I find a fiduciary, can you recommend any?

[@Dantursi1]

The advisor that guides me is Annette Christine Conte , most likely the internet is where to find her basic info, just search her name, She's established.

[@chris-pj7rk]

Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!

[@johnlennon232]

Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?

[@bobbymainz1160]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@jameswood9772]

Please can you leave the info of your invstment analyst here? I need such luck

[@bobbymainz1160]

Rachel Sarah Parrish is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@jameswood9772]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@mattdan5238]

I had an early understanding of trading assets but was limited by my technical analysis skills. That changed when I discovered Shea Ardolf's strategy. Day trading should be given more attention as it is less affected by the market's unpredictable nature.

[@mattdan5238]

She has a noticeable profile on the internet, you can simply research her.

[@lucaspaciello866]

Her training program has been insightful, and I must say, I’m most honored to have been part and a full-time beneficiary of her daily trade signals.

[@chesteradams9764]

Investments have proven to be one of the most advantageous choices one can make for themselves. To this day, my crypto profits consistently contribute significantly to my overall wealth, alleviating any need for me to rely solely on my salary.

[@dorothyweller7736]

The market is profiting if you are using really a good broker or account manager to help out with trades or provide signals.

[@normandholland8374]

People are ignorant of the profitability in bitcoin investment and that has been the major issue limiting their investment

[@latoyia-z3n]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[@latoyia-z3n]

@lasandra-h1v Please can you leave the information of your investment advisor here? I'm in dire need of one.

[@latoyia-z3n]

@lasandra-h1v Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

[@StephanieCosty-r3c]

Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

[@Tonyham198]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

[@yeslahykcim]

True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.

[@lucaswilliams9992]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

[@yeslahykcim]

Lucinda Margaret Crist is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@brianwhitehawker1756]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@anonymous_person_smith]

I can't tell you how many times I've heard about these once-in-a-generational events during the last 10 years

[@SigFigNewton]

Dude looks more like Jeb Bush than Jeb Bush does. I kinda feel like I should clap

[@methos-ey9nf]

🤣🤣🤣

[@soysauceboy2023]

Low energy

[@Reuben-w5f]

Dividend investing is most effective when approached with a long-term perspective. While dividends can provide immediate income, the true power lies in the compounding effect over many years. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[@mayalucia-]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@KiraWells-r4l]

Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

[@vikas-y7h]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@KiraWells-r4l]

Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@ChrisAdams-f1u]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@finleysterling562]

I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...

[@farehtinyilmaz851]

If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.

[@SamehGalal-bj5ni]

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

[@darrenphilip247]

That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of 550k, which is about 10 times more than I average on.

[@finleysterling562]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@darrenphilip247]

Ethan Grayson is one of the finest portfolio managers in the field. He's widely recognized; you should look him up.

[@masonite1973]

I have never heard of this guy before

[@ronsilva7394]

I’m always amazed at how these money managers act like they are surprised at large rotations . It’s as if they have forgotten that they themselves are the drivers .

[@garyxie2327]

A couple of good names from the small caps don't substaniate his reasoning, as the majority of Russel 2000 companies don't make money with anemic ROE. This recent sector rotation pertains to be a speculative move with no fundamental support, commonly seen in a late market cycle.

[@JackJameson-ps4ph]

I agree the mag 7 have great fundamentals and earnings report buy in the dip its a long game anyway

[@JackOfAllTrades428]

Totally agree. Stocks like $HIMS, $HNST and $OLPX will skyrocket before and of year.

[@ai7783]

i think olpx is wont skyrocket the outsraing share is already 1b..

[@Lex41127]

its the cpi report clears the way for Fed to start lowering rates and this will benefit small caps thats it.

[@JPortfolios]

Noticed OSL climbing recently. Could be an interesting pick for your list of small caps to watch. Thoughts on including it?

[@Dumbled0resArmy]

At the end of the day this is a game of volume. Volume is likely to flow out of the Mag 7 to go into new or lagging ideas. Those that invest passively into SPX ETFs will be caught off guard by all this, given their holdings are market weighted.

[@minerva-265]

MR GRISANTI! 😃😃😃 THANK YOU SIR! CLOV STOCK IS GOING TO BE THE NEXT 10 BAGGER IF INTEREST RATES GET CUT! SMALL CAPS ALL THE WAY!

[@twyscape]

I have no idea what Russell companies are good or bad so I’m gonna sit on cash and wait until it’s impossible to ignore the mag 7 bargain prices.

[@MS-cs7gt]

How is it that they tell this in advance but many to the moon stocks were not spotted ever ?

[@DashCamera]

On Dec 2019, Mike Mayo predicted “banks are in golden decade” hahaha 😅

[@sirsoos3546]

Man says "Hershey's" They put up Hershey's. Gotta love it.

[@DaveBee120]

The size of a company or the fact that it has underperformed the market are not reasons to believe they will outperform in the future. Small size implies higher risk so you benefit from a risk factor but most of these companies that are small don't make money.

[@jeffcann9159]

Great 6 month trade. 5 years from now I highly doubt small caps will have had a better run than large cap tech.

[@2023gainer]

Charging Up to Lead ..EV sector... ChargePoint... EVGO...Blink Charging... Archer Evtol Jets... Joby Evtol Jets... Lucid... Polestar...QS and more.

[@Zhuster]

You know what they say about guys with small hands

[@MontysKillerRabbit]

Small gloves.

[@susansticazsky9787]

Just look at Russell fwd PE of course!

[@labandonaldhock80]

This is as bad as Bloomberg's hog water. Mag seven over hyped, no where to run. NVDIA next Enron

[@kendallhughes7507]

you clearly know nothing about NVDA (btw I sleep *very easy* at night with my 5004 shares of NVDA) ...smh

[@diegooriani]

The train left the station.

[@monster2783]

Small caps made me rich

[@aroundandround]

Who’s this Clark Kent?

[@monster2783]

Buy wulf I did 400% already

[@VegasVaron]

Small Cap will always be at a disadvantage because successful companies “graduate” out of small caps when they become successful. Eventually when a company like NVDA gets too big for small cap status it moves out and lands into S&P500 and stays there regardless of how big it becomes. Buy low cost S&P500 ETF and hold forever.

[@SigFigNewton]

Yeah! Buy the thing that I own!

[@antonisdee]

Exactly! This is why small caps have underperformed large caps for the last 100 years! Wait...

[@russrichards6685]

Or VTSAX to capture some mid and small caps and chill for several decades.

[@flash521]

Said way toooooo sooooon

[@har8397]

'I don't know why. But this time it's different.' Trash

[@chavruta2000]

Its been 2 weeks. Lets not jump to conclusions. But the mag7 bubble is over

[@POILY2501]

Ok switch 😅

[@rickgraham7641]

Equal weight is for doing comparisons only, dont waste your time trying to lily pad invest into the RSP lol.

[@ArnyTrezzi]

Worst arguments I ve heard in years.

[@ed-gn6kl]

Doesn’t get much more oily than this snake

[@tomy10161]

This rotation thing from tech to cyclicals or small cap is getting old. It’s only big fund managers driving tech down so they can get back in at lower prices. Happens EVERY year. They’ve already rotated back into tech…that’s where it’s at and I’ve outperformed the S&P for 20 years!!!!