Connect with us

Hi, what are you looking for?

Stock

2 Upgraded Mid-Cap Stocks to Buy Right Now

Stock Markets41 minutes ago (Apr 29, 2021 02:31PM ET)

(C) Reuters. 2 Upgraded Mid-Cap Stocks to Buy Right Now

Similar to small-cap companies that typically benefit during economic recoveries, many mid-cap companies could be the beneficiaries of increasing consumer spending, the recovering job market and continued monetary policy support. So, we think it could be wise to bet on mid-cap stocks Brunswick (NYSE:BC) and Axalta (AXTA) that have recently be accorded rating upgrades by analysts.While large-cap stocks tend to outperform during periods of economic uncertainty, small- and mid-cap stocks tend to outperform during economic recoveries. And compared to small-caps, mid-cap stocks typically possess lesser risk because their businesses are relatively more diversified. Moreover, mid-cap stocks usually have better access to capital compared to their small-cap counterparts. Given the ongoing fast-paced economic recovery and easy access to capital thanks to an accommodative monetary policy, several mid-cap stocks could be well positioned to outperform their small- and large-cap counterparts.

In fact, the mid-cap stocks have outperformed the small-cap ones over the past three months, a period which witnessed a steady economic recovery. This is evident from the iShares Core S&P Mid-Cap ETF’s (IJH) 15% returns over this period compared to the iShares Core S&P Small-Cap ETF’s (IJR) 13% gains. The returns also compare favorably to the iShares Core S&P 500 ETF’s (IVV) 10.5% returns over the same time frame.

The ratings of Discover Brunswick Corporation (BC) and Axalta Coating Systems Ltd . (NYSE:AXTA) have recently been upgraded by Wall Street analysts. Given the favorable backdrop, it could be wise to bet on these mid-cap players now.

Continue reading on StockNews

2 Upgraded Mid-Cap Stocks to Buy Right Now

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Uncategorized

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt.

Uncategorized

Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione.

Uncategorized

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum.

Uncategorized

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora.

Disclaimer: Buzzclever.com it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial or health advice. Copyright © 2021 Buzz Clever. All Rights Reserved