While the Dow Jones Industrial Average (DJINDICES:^DJI) keeps hitting record highs, small-cap growth has recently slowed. Is it time to avoid small caps, or should they have a place in portfolios?

In the following video, markets analyst Mike Klesta talks with Fool contributor Dan Caplinger about opportunities in small-cap stocks and ways to diversify.

Fool contributor Dan Caplinger, Mike Klesta, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.