The Top 20 Stocks in the Russell 2000 Index

The Russell 2000 Index is a key benchmark for the performance of small-cap stocks in the United States. It includes 2,000 companies, representing a broad range of industries and sectors, with a focus on smaller companies compared to the larger, blue-chip stocks found in indices like the S&P 500 or the Dow Jones Industrial Average. The top 20 stocks in the Russell 2000 are influential in shaping the index’s performance, reflecting the health and trends within the small-cap segment of the market.

Investors and analysts closely watch these leading stocks to gauge economic conditions and identify emerging growth opportunities. The Russell 2000 Index is considered a vital gauge of the economic vitality of smaller, innovative companies and can offer insights into the future direction of the broader market.

Key Takeaways

• The Russell 2000 focuses on small-cap stocks, offering a different perspective compared to large-cap indices.
• These stocks are typically more volatile but offer the potential for higher growth.
• The performance of the Russell 2000 can be indicative of the economic outlook for smaller, domestically-focused companies.
• The index includes a diverse range of sectors, highlighting the broad nature of small-cap stocks.

Top 20 Stocks in the Russell 2000 Index

1. AppLovin Corporation (APP)

• History: Founded in 2012, AppLovin is a technology company specializing in mobile app marketing and monetization.
• Market Cap: Approximately $15 billion.
• Products/Services: Mobile app marketing and analytics, app monetization solutions.

2. Chewy Inc. (CHWY)

• History: Established in 2011, Chewy is a leading online retailer of pet food and supplies.
• Market Cap: Approximately $20 billion.
• Products/Services: Pet food, pet supplies, and pet medications.

3. Plug Power Inc. (PLUG)

• History: Founded in 1997, Plug Power focuses on alternative energy technology, particularly hydrogen fuel cell systems.
• Market Cap: Approximately $10 billion.
• Products/Services: Hydrogen fuel cells, energy solutions for material handling, and backup power.

4. Moderna Inc. (MRNA)

• History: Founded in 2010, Moderna is a biotechnology company known for its mRNA-based vaccines and therapies.
• Market Cap: Approximately $40 billion.
• Products/Services: mRNA vaccines and therapeutics, including COVID-19 vaccines.

5. AMC Entertainment Holdings Inc. (AMC)

• History: Established in 1920, AMC is one of the largest movie theater chains in the world.
• Market Cap: Approximately $5 billion.
• Products/Services: Movie theater operations, cinema exhibition.

6. The Trade Desk Inc. (TTD)

• History: Founded in 2009, The Trade Desk provides a digital advertising platform for ad buyers.
• Market Cap: Approximately $40 billion.
• Products/Services: Programmatic advertising, data management, and analytics.

7. Five Below Inc. (FIVE)

• History: Founded in 2002, Five Below operates a chain of discount retail stores.
• Market Cap: Approximately $15 billion.
• Products/Services: Discount merchandise, including toys, home goods, and apparel.

8. Yeti Holdings Inc. (YETI)

• History: Established in 2006, Yeti is known for its premium coolers, drinkware, and outdoor gear.
• Market Cap: Approximately $7 billion.
• Products/Services: High-performance coolers, drinkware, and outdoor accessories.

9. Dexcom Inc. (DXCM)

• History: Founded in 1999, Dexcom develops continuous glucose monitoring systems for diabetes management.
• Market Cap: Approximately $60 billion.
• Products/Services: Continuous glucose monitoring systems, diabetes management tools.

10. HubSpot Inc. (HUBS)

• History: Established in 2006, HubSpot provides a platform for inbound marketing, sales, and customer service.
• Market Cap: Approximately $25 billion.
• Products/Services: Marketing automation, sales tools, CRM, and customer service software.

11. Teladoc Health Inc. (TDOC)

• History: Founded in 2002, Teladoc offers telemedicine and virtual healthcare services.
• Market Cap: Approximately $10 billion.
• Products/Services: Telemedicine consultations, virtual healthcare services, mental health support.

12. Alteryx Inc. (AYX)

• History: Established in 1997, Alteryx provides data analytics and data science solutions.
• Market Cap: Approximately $5 billion.
• Products/Services: Data analytics, data science software, and data preparation tools.

13. Veeva Systems Inc. (VEEV)

• History: Founded in 2007, Veeva offers cloud-based software for the life sciences industry.
• Market Cap: Approximately $35 billion.
• Products/Services: Cloud-based software for regulatory, clinical, and commercial operations in life sciences.

14. Zscaler Inc. (ZS)

• History: Established in 2008, Zscaler provides cloud-based security solutions.
• Market Cap: Approximately $30 billion.
• Products/Services: Cloud security, secure web gateway, and zero trust network access solutions.

15. Roku Inc. (ROKU)

• History: Founded in 2002, Roku is a leading streaming platform provider and manufacturer of streaming devices.
• Market Cap: Approximately $20 billion.
• Products/Services: Streaming devices, digital streaming platform, and content services.

16. Etsy Inc. (ETSY)

• History: Established in 2005, Etsy is an online marketplace for handmade, vintage, and unique goods.
• Market Cap: Approximately $15 billion.
• Products/Services: Online marketplace for handcrafted, vintage, and unique products.

17. Atlassian Corporation Plc (TEAM)

• History: Founded in 2002, Atlassian is known for its collaboration and productivity software.
• Market Cap: Approximately $45 billion.
• Products/Services: Collaboration software, project management tools, and IT service management solutions.

18. Palo Alto Networks Inc. (PANW)

• History: Established in 2005, Palo Alto Networks is a global cybersecurity company.
• Market Cap: Approximately $60 billion.
• Products/Services: Network security, cloud security, endpoint protection, and threat intelligence.

19. MercadoLibre Inc. (MELI)

• History: Founded in 1999, MercadoLibre is a leading e-commerce and fintech company in Latin America.
• Market Cap: Approximately $70 billion.
• Products/Services: E-commerce platform, online payments, and financial services.

20. Cloudflare Inc. (NET)

• History: Founded in 2009, Cloudflare provides content delivery network services, internet security, and distributed domain name services.
• Market Cap: Approximately $20 billion.
• Products/Services: CDN, web security, and domain services.

Conclusion

The top 20 stocks in the Russell 2000 Index represent a dynamic and diverse array of small-cap companies that drive innovation and growth in various sectors. These companies are often more nimble and adaptable compared to their larger counterparts, offering unique investment opportunities and insights into emerging trends. By monitoring these leading stocks, investors can gain a better understanding of the small-cap market’s movements and potential future directions.