Скачать или смотреть Why Violeta is bullish on these small caps | the trade

Violeta Todorova from Leverage Shares sets a cautiously optimistic tone for both US and Australian markets, citing signs of strength following a strong Q3 US earnings season and the anticipated end of the US government shutdown. Todorova points to solid momentum in the S&P 500, expecting it could reach 7000 points by year-end, with next year’s outlook also holding promise. On the local front, she observes the ASX has experienced a period of consolidation, but expects key support levels to hold, forecasting a possible Christmas rally. According to Todorova, the ASX (ASX:XJO) could trade near 9000 points by the end of the year, with the possibility of pushing towards 9200 if positive momentum continues.

Todorova is particularly bullish on small caps, noting that the Small Ordinaries Index (ASX:XSO) has outperformed the broader market since July, after years of lagging. With the Reserve Bank likely to stay on hold and long-term rates expected to decline, she suggests further outperformance for small ordinaries and believes 2026 will be a defining year for small caps.

Among individual stocks, Todorova highlights Baby Bunting (ASX:BBN), expressing strong optimism after its technical breakout, with a first target price of $4. She also references Motorcycle Holdings (ASX:MTO), and maintains positive sentiment for gold miners Northern Star (ASX:NST) and Perseus Mining (ASX:PRU), given robust underlying momentum in gold prices.