(Chicago)

Small caps have been having a great run this year. Ever since Trump was elected with his America-first mantra, small caps have done well, but the trade war has pushed them ahead of their large cap peers his year. So how to find the undervalued small caps with a bright future, ones that are valuable but currently misunderstood? A team at William Blair tries to do just that. Their picks are: Ligand Pharmaceuticals, Codexis (oil industry), Varonis Systems (security software), and Boot Barn Holdings (western clothing retailer).

FINSUM: All of these names have a unique story and catalyst which should help them become much more valuable.