In this clip of Stocks in Translation, Michael Gayed, publisher of The Lead-Lag Report, joins the podcast and offers advice on how index-only investors can diversify their portfolios beyond the dominant stocks in the S&P 500 (^GSPC).

Gayed emphasizes the importance of small caps in this strategy, adding, "Small caps hold the key...the vast majority of stocks are trading below their 2021 highs.. they're the so-called zombie companies."

Listen to the full episode here, or wherever you get your podcasts.

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This post was written by Neil Mulcahy.