As we are stepping into the second half of the calendar year, we analyse small-cap stocks that have consistently delivered strong returns during the second half of the past two calendar years. Our aim was to identify stocks that show a pattern of strong second-half share price performance.
In total, we found around 34 small-cap stocks that gained more than 50% in the second half of both the previous two calendar years. To narrow down our list to momentum candidates, we filtered out only those stocks that have also posted positive price returns so far in the current calendar year (CY25). Interestingly, only 9 stocks met all these criteria and made it to the final list (Data Source: ACE Equity). According to Trendlyne’s SWOT analysis, all nine stocks appear very strong, with their strengths significantly outweighing their weaknesses.