Small caps are in comeback mode, and investors are starting to take notice. After years in the doldrums, this once-unloved corner of the market is showing real signs of life, with the index surging more than 20% year to date. But is this rally built on solid foundations, or is it just another short-term burst of optimism? In this episode of Buy Hold Sell, host Anna Dadic is joined by Matt Griffin from Maple-Brown Abbott and Luke Laretive from Seneca to unpack what’s really driving the small-cap recovery and where the next wave of opportunity might lie. From takeover activity heating up to renewed investor appetite for growth, our guests share their read on what’s changed, what still looks cheap, and the risks investors need to keep on their radar.  If you’ve been sitting on the fence about small caps, this episode is packed with insights to help you separate the real signals from the market noise.