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JPMorgan has forecast an impending "supercycle" for industrial stocks, with a particular focus on small and mid-cap companies, projected to materialize by 2026. This outlook is supported by other major banks, which are also bullish on cyclical sectors amid shifting economic conditions.
Invesco's International Small-Mid Company Fund (OSMAX) holds a "Strong Sell" rating from Zacks, reflecting its weak historical performance. The fund's 2.13% five-year return starkly contrasts with the booming natural resources sector, where mining equities have driven significant gains for specialized funds.
Institutional capital is rotating into the mining sector, driven by a broad commodity super-cycle. This strategic shift is most evident on the Australian Securities Exchange, where resource companies now account for the vast majority of stocks reaching 52-week highs, signaling a move from growth-oriented equities to value plays.