Small-to-mid-sized companies represent some of the best investments in the market today. But they are often ignored by pension fund, mutual fund and other portfolio managers. Why? Because their prospects and stories are not known or appreciated by the right people, individuals with the authority and means to make investment decisions.
The irony is these same fund managers are often desperate for investment ideas that will strengthen the portfolios for which they hold fiduciary responsibility.
But these managers are uncomfortable investing in companies they don't know or properly understand.
And the competition for their time and attention is stiff. Major companies spend millions of dollars every year on sophisticated investor relations programs, staffed by expensive professionals who operate with virtually unlimited budgets.
Small wonder that smaller companies, who often must rely on their limited financial staffs to handle investor relations as a part-time job, find it difficult to get Wall Street's attention and respect.
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