Smid Caps And Tech Stocks Best Performers In Q3VW Staff
Citi analysts Scott T Chronert and Louis L Odette examine the performance of small and midcap tech stocks at this point in the earnings reporting season in their “SMID Cap Rap” study of October 25, 2013.
Q3 shows a positive profile versus index
Approximately a quarter of the RUT techs and 37% of the RMC are through with reporting and tended to surprise positively at 65% and 71% respectively. The Citi analysts ascribe this outperformance to “a lowered Q3 earnings bar.” Going forward into the rest of the reporting . . .
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