1 Small-Cap Stock I'd Buy Before GLBE in 2026

Group 1 - Global-E Online has experienced a 30% decline in value over the past year despite revenue growth and profit margin expansion, primarily due to its high P/E ratio of 946, although its forward P/E is more attractive at 39.4 [1] - The company faces competition from e-commerce giants, which may hinder its ability to gain market share [9] Group 2 - AXT is a small-cap company that has recently surpassed a $1 billion market capitalization, with a significant increase of over 700% in its stock price over the past year [8] - AXT holds 40% of the indium phosphide supply, a critical semiconductor material for AI infrastructure, and has seen its revenue for this segment grow by more than 250% sequentially [6][7] - The demand for indium phosphide is surging, indicating strong growth potential for AXT as AI infrastructure continues to expand [7]