top of page

Professional Group

Public·9 members

Best Midcap Stocks To Buy

But avoid the happy medium at your own peril. In 2022, mid-cap stocks had a total return of -13.3%, 280 and 490 basis points better than small and large caps, respectively. (A basis point = 0.01%.) So many of the best mid-cap stocks might just be among the best stocks to buy, period.

best midcap stocks to buy

The company has plans to have more than 3,500 locations open over the next few years, ensuring future growth in revenues and earnings for one of Wall Street's best mid-cap stocks. In the first quarter alone, VVV opened 31 new locations. It expects to open as many as 160 in fiscal 2023.

AX stock is delivering for its shareholders in 2023. The financial stock is up 19% year-to-date. But considering shares are still in the red on a year-over-year basis, investors have the opportunity to pick up one of the best mid-cap stocks at a discount.

CEQP is one of the best dividend stocks on this list. Because of the MLP structure, Crestwood's annualized distribution of $2.62 per share yields a healthy 10.6%. However, the distributions are treated as a return on capital, which reduces your cost basis. In other words, you're deferring income today for higher capital gains taxes tomorrow. Always consult a tax expert if unsure about your personal situation.

One reason Crestwood is on this list of the best mid-cap stocks is that the MLP generates 85% of its cash flow from fixed-fee or take-or-pay contracts that are backed by more than 1.3 million dedicated acres. So if a producer drills a new well within this acreage, they must use Crestwood's assets.

Jazz Pharmaceuticals (JAZZ (opens in new tab), $139.03) has come a long way since it was founded in 2003, and it's now one of the best healthcare stocks on Wall Street. Acquisitions have played a big part in its growth over the past two decades, with the most recent being its $7.2 billion purchase of GW Pharmaceuticals in May 2021.

Another reason Nexstar is one of the best mid-cap stocks to buy now: It is a cash-generating machine, with free cash flow up 22.9% to $1.5 billion in 2022. NXST returned 68% of its free cash flow for dividends and share repurchases throughout the year. In addition, it paid down nearly $478 million of its debt during the fiscal year.

Denbury (DEN (opens in new tab), $83.98) is one of several energy companies featured on this list of the best mid-cap stocks to buy now. DEN operates along the U.S.'s Gulf Coast and Rocky Mountain regions, with estimated proved oil and gas reserves of approximately 202 million barrels of oil equivalent (MMBOE). It operates in the Gulf Coast and Rocky Mountain regions of the U.S.

Stifel analysts currently have a Buy rating on the stock with a $155 target price. "Denbury is best positioned to benefit from the rapidly growing CCUS (Carbon Capture, Utilization, and Storage) industry," the analysts said in a Dec. 13 research report.

Churchill Downs (CHDN (opens in new tab), $244.33) is best known for hosting the Kentucky Derby horse race each year on the first Saturday in May. It is currently undertaking several projects at the racetrack that will add considerably to the Churchill Downs experience.

Like many other tech stocks, ACIW has been hit by broad-market headwinds and is off roughly 20% over the past year. However, that allows investors to pick up one of the best mid-cap stocks at a discount. Case in point: Shares are trading at 2.1 times sales, considerably less than the five-year average of 3.0.

Mid-cap stocks have a market capitalization between $2 billion to $10 billion, and these firms are considered to have established operations and increasing profits. They offer a desirable balance between stability and growth prospects, providing investors with higher growth prospects compared to large-cap firms, but with more stability and a lower risk profile than small-cap companies.

According to Hennessy Funds, data shows that in any given one-year rolling period since 2000, small-, mid-, and large-cap stocks have outperformed 41%, 35%, and 25% of the time, respectively. Additionally, over the past 20 years, mid-cap stocks outperformed small- and large-cap stocks 67% of the time in any given 10-year period. The data also indicates that over the 20-year period ending December 31, 2022, investors in mid-cap stocks had a higher return and lower risk compared to investors in small-cap stocks. While mid-cap stocks had higher risk than large-cap stocks, the returns for mid-cap investors were still higher over the same period. The S&P MidCap 400 index reflects the trend mentioned earlier, as it has outperformed both the S&P 500 and the S&P SmallCap 600 for the majority of the past 20 years.

Mid-cap companies may be overlooked by the market, which can provide opportunities for investors to invest in undervalued stocks with significant growth potential. Some of the best mid-cap stocks to buy include WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), Holdings, Inc. (NYSE:BILL), and Antero Resources Corporation (NYSE:AR).

Like WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), Holdings, Inc. (NYSE:BILL), and Antero Resources Corporation (NYSE:AR), Masimo Corporation (NASDAQ:MASI) is one of the best mid-cap stocks to invest in.

DISH Network Corporation (NYSE:DISH) is a Colorado-based company that provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. On January 17, DISH Network Corporation (NYSE:DISH) priced a $1.5 billion offering of 11.75% senior secured notes due 2027, to be issued at an issue price of 102% of the principal amount. The notes are in addition to the $2 billion offering of 11.75% senior secured notes due 2027 announced in November. The offering closed on January 26. DISH Network Corporation (NYSE:DISH) is one of the best mid-cap stocks to invest in.

Williams-Sonoma, Inc. (NYSE:WSM) is a California-based specialty retailer that manufactures and markets cooking, dining, and entertaining products under the Williams Sonoma Home, Williams Sonoma Lifestyle, Pottery Barn, West Elm, Pottery Barn Kids, Pottery Barn Teen, Rejuvenation, and Mark and Graham brands. Williams-Sonoma, Inc. (NYSE:WSM) is one of the top mid-cap stocks to monitor. On December 15, the company declared a quarterly dividend of $0.78 per share, in line with previous. The dividend is payable on February 24, to shareholders of record on January 20.

Alcoa Corporation (NYSE:AA) is a Pennsylvania-based company that produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. On January 18, Alcoa Corporation (NYSE:AA) paid a cash dividend of $0.10 per share of common stock, totaling $17 million, and the company finished the fourth quarter with a cash balance of $1.4 billion. It is one of the best mid-cap stocks to consider.

Comerica Incorporated (NYSE:CMA) provides financial products and services and operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. Comerica Incorporated (NYSE:CMA) was founded in 1849 and is headquartered in Dallas, Texas. It is one of the best mid-cap stocks to invest in. On January 19, the company reported a Q4 GAAP EPS of $2.58 and a revenue of $1.02 billion, outperforming Wall Street estimates by $0.03 and $10 million, respectively. Revenue over the period climbed 36% year-over-year.

In addition to WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), Holdings, Inc. (NYSE:BILL), and Antero Resources Corporation (NYSE:AR), Vistra Corp. (NYSE:VST) is one of the best mid-cap stocks to buy according to hedge funds.

Midcap stocks are stocks of companies that are not as large as the blue-chip companies but not as small as the micro-cap companies. They have an average market capitalization of between 100 crores and 2,000 crores. Midcap stocks are riskier than large caps or small caps but offer higher returns.

There are a few reasons why investors prefer midcaps over large caps and small caps. The first reason is that the valuation gap between the two types of stocks is very high at times, which makes it easier for midcap stocks to outperform their peers.

The second reason is that there are fewer institutional investors in the midcap space, which means they have less competition when it comes to buying shares at a discount. The third reason is that midcap companies tend to be more nimble than their larger counterparts and can adapt better when needed.

When you're looking for a solid investment, it's important to consider the factors that make a stock's performance more predictable. Here are a few things to consider before investing in mid-cap stocks:

You should consider your financial goals before investing in any best midcap stocks for long term. This will help you decide what kind of stocks are best suited for you. For example, if your goal is to invest for growth and long-term returns, then mid-caps would be a good option for you.

Mid-cap stocks are volatile because they do not have as many investors as large caps or small caps do. Therefore, if you plan on selling them within a year or so after buying them, then it may be wise not to invest in them at all because their value can fluctuate significantly during this time period due to a lack of liquidity.

However, if you are planning to go for the best mid cap stocks to buy for long term and looking for long duration of investments that can grow over time without having to pay much attention to daily fluctuations in price then this may be a good option for you since they tend not to fluctuate as much over time due to more liquidity being available from more investors purchasing shares throughout various markets across India.

In the case of mid-cap stocks, liquidity is a major consideration. Liquidity refers to the ease with which you can sell a security without affecting its price. The greater the liquidity of a stock, the more easily you can sell it without affecting its price. 041b061a72

  • About

    Welcome to the group! You can connect with other members, ge...

    Group Page: Groups_SingleGroup
    bottom of page