4 Small Caps That Clocked 30%+ Gains Already and Show No Signs of Stopping

investing.com:

Smaller stocks offer opportunities beyond the big tech companies and the Magnificent 7.

Many small-cap stocks have surged by more than +30% year-to-date.

Since last year, all the attention has been on big tech companies, especially those in the Magnificent 7. That's understandable given their strong performance.

But there's more to the market than just these giants. Today, let's shift our focus to smaller companies.

The S&P 600 Small Cap ETF (NYSE:SPSM) gained 'only' +14% in 2023 compared to the S&P 500's +24.2%, and it's also trailing behind this year.

That doesn't mean there aren't individual stocks performing exceptionally well (up more than +30% this year) and worth considering.

Established in 1994, the S&P 600 consists of small-cap companies closely tied to the domestic market. These companies must have a market capitalization of at least $750 million and have demonstrated solid financial performance over the last four quarters.

Compared to other small stock indexes like the Russell 2000, the S&P 600 has historically delivered higher returns.

Let's delve into some of these companies with the assistance of InvestingPro, which will provide us with essential data and insights.

These stocks share several common traits:

Kaman (NYSE:KAMN) is an American aerospace company, headquartered in Bloomfield, Connecticut.

It was founded in 1945 and for the first ten years was dedicated exclusively to designing and manufacturing helicopters and now manufactures all types of aircraft parts.

It will pay a dividend of $0.20 per share on April 11, and to receive it, shares must be held by March 18. The annual dividend yield is +1.74%.

Source: InvestingPro

On April 30, it presents its results, and revenue is expected to increase by