Hench on TheStreet: 4 Smart Small-Cap Value Stocks
article 10-24-2016

Hench on TheStreet: 4 Smart Small-Cap Value Stocks

Portfolio Manager Bill Hench joins TheStreet to discuss four small-cap value stocks he's bullish on.

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On October 19, Portfolio Manager Bill Hench joined TheStreet to share why he's bullish on four small-cap value stocks.

With host Gregg Greenberg, Bill discussed four picks "which could surge in 2017," starting with Amber Road: "Amber Road has a trade management software, and the reason why we bought it was because we love the product. They've really added a lot of high-quality global clients and we still think it's an undervalued growth story."

Bill also details why he likes Northwest Pipe, a steel tube-maker, Tristate Capital Holdings, a private wealth management company, and global transportation provider Atlas Air Worldwide.

Atlas Air, Bill said, "is a very, very good company and has just signed a very, very good deal. They signed a deal with Amazon where they'll be giving up some equity for some business, some major business with Amazon going forward. The assets are cheap, they sell below book value, and they run a very tight operation. And we think growth for the foreseeable future should surprise people on the upside."

Watch the interview here.

Important Disclosure Information

The thoughts and opinions expressed in the video are solely those of the persons speaking as of October 19, 2016 and may differ from those of other Royce investment professionals, or the firm as a whole. There can be no assurance with regard to future market movements.

As of 9/30/16, Amber Road was 0.2% of Royce Opportunity Fund's assets, 2.6% of Royce Micro-Cap Opportunity Fund's assets, and 0.6% of Royce Low-Priced Stock Fund's assets.

As of 9/30/16, Northwest Pipe was 0.4% of Royce Opportunity Fund's assets, 0.5% of Royce Micro-Cap Opportunity Fund's assets, and 0.0% of Royce Low-Priced Stock Fund's assets.

As of 9/30/16, Atlas Air Worldwide Holdings was 0.4% of Royce Opportunity Fund's assets, 1.6% of Royce Micro-Cap Opportunity Fund's assets, and 0.4% of Royce Low-Priced Stock Fund's assets.

As of 9/30/16, TriState Capital Holdings was 0.0% of Royce Opportunity Fund's assets, 0.6% of Royce Micro-Cap Opportunity Fund's assets, and 0.0% of Royce Low-Priced Stock Fund's assets.

There can be no assurance that any of the securities mentioned in this piece will be included in these portfolios in the future. References to specific securities in this piece are not intended as recommendations and should not be relied upon as the basis for anyone to buy, sell, or hold any security.

This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectus carefully before investing or sending money. Smaller-cap stocks may involve considerably more risk than larger-cap stocks. (Please see "Primary Risks for Fund Investors" in the prospectus.)

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