A SmallCap Informer pick was included in a roundup of stocks that could benefit from a broadening market on TheStreet.com.
"Rotation, rotation, rotation. That's what investors and financial pundits are talking about now that the 'Magnificent Seven'-driven market is starting to broaden out. What does this mean for the averages in the rest of 2023 and beyond?"
Doug Gerlach, editor-in-chief of the SmallCap Informer, wrote about his recent pick, Alliant:
We like discovering the "companies behind the companies" -- those businesses that make the components and supplies that are used in products that are used every day across a spectrum of industries, and Allient surely fits the bill.
Revenues have moved on a stable pathway since 2013, growing at 12.6% per year on average but accelerating in the last two years at an average 17.1% pace. Revenues in fiscal 2022 totaled $503.0 million, halfway to the company's goal of becoming a billion-dollar business.
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