As always reporting season tested business models and investment theses. One of the biggest surprises through August was the pop in Small-cap stocks. This segment has lagged the market, but recovered lost ground driven by genuine growth stories like Domino's, M2 Group and Slater & Gordon. Looking forward our Research Team has identified a number of small caps we believe to be of value. Many offer both yield and growth and are worthy of closer inspection. For our seven ex 100 stock picks for September, including our reasons to buy and share price targets, visit the Morgans blog: (VIEW LINK)


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