Are US small-caps set to break out?

Mega-cap tech and the AI boom continue to dominate headlines, but US small and mid-cap equities could be the market’s next big opportunity. Currently, these stocks are trading at steep discounts and are frequently overlooked, despite their pricing power in inflationary circumstances. Many are durable businesses, and their exposure to a range of sectors adds to their investor appeal. Learn more about these stocks, T. Rowe Price’s approach to them, and the opportunities they can present to investors.