It operates in three segments: Carbon Flat Products, Specialty Metals Flat Products, and Tubular and Pipe Products. ZEUS processes and distributes metal products in the United States and internationally. The stock price has soared 197% year to date. The Zacks Consensus Estimate for current-year earnings has improved 46.9% over the last 60 days. The company has an expected earnings growth rate of more than 100% for the current year. It operates in the SBQ Steel Bar, Seamless Mechanical Steel Tubes, and Billets and Value-added Precision Products and Services segments. TMST manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The chart below shows the price performance of our five picks year to date. You can see the complete list of todayвЂ™s Zacks #1 Rank stocks here. Each of our picks sports a Zacks Rank #1 (Strong Buy). These stocks have witnessed robust earnings estimate revisions in the last 30 to 60 days. We have narrowed down our search to five small-cap (market capital < $1 billion) stocks that have skyrocketed more than 100% year to date and still have strong upside left for 2021. The extension will help small businesses receive aid for an extended time period. The Fed has extended it till end of July. The program, which distributes low-cost loans through paycheck protection to small businesses, was set to expire last week. This is a key stimulus to cash-strapped small businesses hit by the pandemic. Last week, the Fed announced its final extension of the Paycheck Protection Program Liquidity Facility.

On Oct 30, the central bank reduced the minimum loan size to $100,000 from $250,000 and decided to ease restrictions on debt for companies already participating in the Paycheck Protection Program. Under this program, businesses with up to 15,000 employees or revenues of up to $5 billion will get a loan in the range of $250,000 to $300 million for five years at a floating rate. In June 2020, the Fed initiated a lending program of up to $600 billion to small and mid-sized businesses. government provided more than $800 billion to small businesses as part of the CARES Act, which ended in July 2020. Stimulus Helps in Revival of Small Businesses economy immensely benefited small businesses. These organizations operate on a thin profit margin and most new businesses are yet to achieve profitability. Given their small-scale of operations, small businesses are generally cash-starved. Additionally, small businesses more often than not form a vital cog in corporate America's customer base. Moreover, small companies are a major part of the supply chain management systems of large companies for innovative and technologically superior inputs. These people constitute a large part of customers for big businesses. More than 50% of the newly created jobs in the private sector originate here. Small businesses create a significant number of jobs in the U.S. Notably, the National Federation of Independent Business reported that its Small Business Optimism Index remained firm at 99.6 in May (latest available data). This has significantly ramped up small business activities.

Nationwide deployment of COVID-19 vaccinations and a sharp decline in new coronavirus cases have helped in a faster-than-expected reopening of the U.S. Meanwhile, the two small-cap centric indexes - the Russell 2000 and the S&P 600 - jumped 17% and 22.9%, respectively. The mid-cap specific S&P 400 climbed 16.9% in the same period. The three major stock indexes - the Dow, the S&P and the Nasdaq Composite -rallied 12.7%, 14.4% and 12.5%, respectively, in first-half 2021.

Although, market participants are mainly concerned with large-cap stocks, a closer look into Wall Street reveals that it was the small-cap segment that performed the best in the first half. Wall Street completed an impressive first half of 2021 with abroad-based rally in terms of different segments and sectors.

5 top micro cap stocks