RenTech bets on diverse small-cap stocks, signaling promise in steel, e-commerce, tech, and energy.

Billionaire Jim Simons' investment firm, Renaissance Technologies, has picked several small-cap stocks with strong growth potential. Among them are Alpha Metallurgical Resources, Wayfair, Nova Ltd., and Permian Resources. These companies span various sectors including coal mining, online retail, semiconductor tools, and oil and gas. Renaissance Technologies' interest suggests positive outlooks for these firms, driven by factors such as demand for steel, digital shopping trends, semiconductor advancements, and energy sector growth.