Investors fleeing weakness in small-cap stocks over the past few days has created great opportunities, top-rated Wells Capital Management portfolio manager Bryant VanCronkhite said Wednesday.
"Right now, I think we need to let the volatility be our friend," he said. "Look for that proverbial baby being thrown out with the bath water, if you will, where sentiment and stock prices have moved farther than fundamentals alone would justify."
VanCronkhite manages the Wells Fargo Advantage Special Mid Cap Value Fund (SMCDX), which has a four-star rating from Morningstar. The fund is up 3.4 percent year to date.
On CNBC's "Halftime Report," he said that the pullback in small-cap names has led to an emphasis on fundamentals.