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12 stocks investment bank Jefferies is now betting on

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12 stocks investment bank Jefferies is now betting on

These 12 stocks could be undervalued.
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Small and mid-cap stocks have tumbled over the past month as investors worried about a banking crisis.

However, Steven DeSanctis of investment bank Jefferies thinks they will recover in the second half of the year.

Here’s a list of 12 stocks that could perform in the future.

The turbulence in the banking market over the past month has hit small and medium-sized company stocks, also known as small-cap stocks, hard. However, investment bank Jefferies believes it won’t be long before stocks recover.

“Our analysis is finding that small-cap stocks are poised to bounce back after a rough patch,” strategist Steven DeSanctis wrote in a recent note. He pointed to the years 2000 and 2001 when stocks performed well despite an approaching recession. This is an example of small-cap resilience.

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