Small caps turned out to be some of the most profitable investments in the third quarter of 2024. The iShares Russell 2000 ETF (which tracks the performance of the Russell 2000 index) reported an 8.87% return versus 5.43% for the large-cap S&amp;P 500, points out Georgiy Timoshin, a financial analyst at Freedom Finance Global. He has spotlighted five stocks from the Russell 2000 that delivered third-quarter returns of over 100%.

Freedom spotlights five small-cap stocks with third-quarter returns over 100%

Achieve Life Sciences, a company with a market capitalization of about $164 million developing the world’s first treatment for vaping addiction, has <a href="https://ir.achievelifesciences.com/sec-filings/all-sec-filings/content/0000950170-24-110066/achv-20240927.htm">announced</a> it may sell up to $50 million in stock. The market price <a href="https://www.marketwatch.com/investing/stock/achv">fell</a> almost 4% in after-hours trading on Friday, September 27, reversing strong gains during the day.

Vaping addiction drug developer Achieve to sell up to $50 million of stock

Freedom Broker has highlighted six small caps that investors should consider, with upside reaching 400%. Meanwhile, they caution that portfolios should be diversified to minimize risks.

Freedom Broker spotlights small-cap stocks to look at

Achieve Life Sciences, a pharmaceutical company developing the first vaping addiction treatment, has announced a new CEO. It <a href="https://ir.achievelifesciences.com/news-events/press-releases/detail/206/achieve-life-sciences-announces-changes-in-executive">explained</a> that it needs a leader with substantial experience in M&amp;A and drug commercialization. Freedom Finance Global Senior Analyst Ilya Zubkov believes that this move could indicate a potential sale of Achieve.

Vaping addiction treatment developer changes CEO, possibly ahead of sale

Sidus Space, a space company aiming to create a constellation of 3D-printed satellites, saw its shares <a href="https://www.nasdaq.com/market-activity/stocks/sidu">surge</a> more than 37% on Thursday, August 15. The gains were primarily driven by upbeat industry news, as satellite designer and manufacturer AST SpaceMobile reported strong <a href="https://feeds.issuerdirect.com/news-release.html?newsid=4653359431382393">results</a>, explained Freedom Broker senior analyst Yegor Tolmachev. He points out that AST uses Sidus technologies.

Sidus Space stock soars on positive industry news

The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have <a href="https://www.sec.gov/newsroom/press-releases/2024-89">charged</a> well-known activist and investor Andrew Left and his firm, Citron Capital, for their alleged involvement in a years-long $20 million fraud scheme. According to the agencies, the company issued false and misleading statements regarding investment recommendations on stocks. Left faces up to 25 years in prison for the charges, which include fraud involving Nvidia and Tesla. Note that it was allegations by Left that set off a wave of short-seller attacks last year against Kazakhstan's Freedom Holding Corp. (FHRC).

SEC and DOJ сharge Andrew Left and Citron Capital in $20 million fraud scheme impacting Freedom Holding Corp

Investors should take a closer look at display manufacturer Daktronics, as its shares are undervalued, Zacks analysts <a href="https://www.zacks.com/stock/news/2299942/is-daktronics-dakt-stock-undervalued-right-now?cid=CS-YAHOO-FT-tale_of_the_tape%7Cyseop_template_2-2299942&amp;t=DAKT">write</a>. The stock is <a href="https://finance.yahoo.com/quote/DAKT/">trading</a> at a P/E ratio of 18.88 (recall: the lower the ratio, the better), compared with the industry average, according to Zacks, of 23.74.

Zacks advises investors to consider display manufacturer Daktronics

Freedom Holdings Corp.

Freedom Holding Corp. CEO Timur Turlov will participate in the closing bell ceremony at the Nasdaq stock market on Friday, June 14, <a href="https://www.nasdaq.com/events/freedom-holding-corp-rings-closing-bell">according</a> to the exchange’s official website.

Freedom Holding CEO Timur Turlov to ring Nasdaq closing bell


According to a survey of analysts by Freedom Broker, the consensus target price for Kazakhtelecom shares has been revised lower 8.2%, from $95.70 per share to $87.85 per share. This is driven by the operator’s latest quarterly report, which analysts interpreted as moderately downbeat. Even so, they rate the stock a "hold."

Analysts cut Kazakhtelecom target price, keep neutral stance amid weak earnings

Freedom Finance Global is going to provide investors an opportunity to acquire stocks and global depository receipts (GDR) of Air Astana on the AIX and London Stock Exchange (LSE) before the start of the standard trading session scheduled on February 15, according to a press release by the AIX.

Freedom Finance Global to streamline Kazakhstani investors' early access to Air Astana stock

Independent examination by Morgan, Lewis &amp; Bockius LLP and Forensic Risk Alliance has proven that accusations against Freedom Holding Corp. presented in a report by Hindenburg Research were false, according to a press release by the holding.