Digital Turbine (NASDAQ:APPS)
Digital Turbine Inc through its subsidiaries is engaged in media and mobile communications, delivering end-to-end products and solutions for mobile operators, application advertisers, device original equipment manufacturers and other third parties to enable them to effectively monetize mobile content. The company’s operates in one business which is Advertising. The Advertising business is comprised of two businesses Operator and OEM, and Advertiser and Publisher.
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| Open1.720 | Close1.870 |
| Vol / Avg.3.407M / 3.564M | Mkt Cap195.989M |
| Day Range1.672 - 1.880 | 52 Wk Range1.180 - 7.300 |
SPS Commerce (NASDAQ:SPSC)
SPS Commerce Inc is a provider of cloud-based supply chain management solutions for suppliers, retailers, and distributors. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Trading Partner Fulfillment, Trading partner Analytics, and Trading Partner Assortment are the firm’s top products. These products include fulfillment automation, sell-through performance analysis, and sourcing capabilities. The group derives revenue from recurring monthly fees and set-up fees. A majority of the firm’s revenue is generated in the United States. Other products of the company include Trading Partner Sourcing and Trading Partner Community Development.
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| Open186.990 | Close186.160 |
| Vol / Avg.147.586K / 217.695K | Mkt Cap6.994B |
| Day Range185.140 - 187.460 | 52 Wk Range160.580 - 218.740 |
Silicon Laboratories (NASDAQ:SLAB)
Silicon Laboratories Inc develops semiconductors, software, and system solutions for the “Internet of Things,” Internet infrastructure, industrial control, consumer, and automotive markets. The company operates through one segment, mixed-signal analog intensive products, consisting of diverse product areas, which the company groups into four categories: Internet of Things, broadcast, infrastructure and access. The Internet of Things category is the largest contributor to the company’s total revenue. Geographically, the company mainly operates in the United States and China, with the U.S. the largest source of revenue.
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| Open125.000 | Close126.470 |
| Vol / Avg.282.675K / 288.208K | Mkt Cap4.084B |
| Day Range124.745 - 127.730 | 52 Wk Range94.000 - 154.910 |
Crocs (NASDAQ:CROX)
Known for its eccentric footwear, Crocs has proven to be more than just a flavor of the week. Since the March lows of 2020, CROX stock has been steadily moving higher, providing investors with solid returns.
Better yet, the technical sentiment aligns with the fundamentals, with the company generating $1.39 billion in revenue in 2020, up 12.6% from the prior year.
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| Open111.310 | Close113.270 |
| Vol / Avg.1.355M / 1.460M | Mkt Cap6.585B |
| Day Range111.140 - 115.385 | 52 Wk Range85.710 - 165.320 |
Teledyne Technologies (NYSE:TDY)
Teledyne Technologies is an industrial conglomerate that owns over 100 digital imaging, aerospace and engineering companies. Some markets that Teledyne is involved in include deep-water oil and gas exploration, medical imaging, environmental monitoring and oceanographic research.
Teledyne has shown significant revenue growth — the company’s market capitalization has grown by over $1 billion for 4 out of the past 5 quarters. Its EPS value is a higher-than-average $10.87 per share, and it has consistently met or beat its consensus EPS estimates. Though Teledyne doesn’t currently offer a dividend, its growth in the past year alone can make it worth a look for investors searching for more exposure to the industrial sector.
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| Open466.830 | Close470.100 |
| Vol / Avg.169.598K / 249.488K | Mkt Cap21.908B |
| Day Range461.840 - 470.420 | 52 Wk Range355.410 - 492.000 |
The term “mid cap” stands for “middle capitalization.” Mid-cap stocks usually have a market capitalization between $2 billion and $10 billion. These stocks can be beneficial because they have more potential for growth than large-cap stocks but are usually more transparent and stable than small-cap or micro-cap stocks.
Are you thinking about adding a few of these stocks to your portfolio but aren’t sure which are worth your money? Our guide to them will help you identify these stocks, evaluate their financials and choose which to invest in. We’ll also introduce you to a few mid-cap stocks that investors keep their eyes on for this year.
Quick Look at the Best Mid-Cap Stocks
- Digital Turbine Inc
- SPS Commerce, Inc.
- Silicon Laboratories Inc
- Crocs
- Teledyne Technologies
Overview
The “cap” in mid cap refers to a company’s total market capitalization. You can calculate a company’s market capitalization by multiplying the total number of outstanding shares of stock by the current share price. Most investors consider these stocks to have market capitalizations between $1 billion and $10 billion.
Companies with market capitalizations below $1 billion are typically considered small-cap stocks, while companies with market capitalizations above $10 billion are usually referred to as large-cap stocks.
Mid-caps offer a few benefits over large-cap and small-cap companies. These stocks are established businesses, which makes them easier to find information on. This means that it’s much more difficult for these companies to fall into price manipulation schemes or to hide financial data.
Mid-caps are also small enough to show more year-after-year growth than large-cap stocks, which can make them a great choice for investors with limited funds and who want more potential for profit. The right stocks add a level of diversification to your portfolio without the high level of risk that often accompanies small-cap and penny stocks.
Best Online Brokers for These Stocks
No matter if you’re looking for stocks with the highest potential for growth or you’re only interested in stocks under $5 for short-term gains, you’ll need to place your buy and sell orders through a broker. If you don’t already have a brokerage account, consider a few of our favorite online brokers below.
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
- Best For:Global Broker for Short SellingVIEW PROS & CONS:securely through TradeZero's website
Features to Look for in Mid-Cap Companies
Like large-cap stocks, it’s easy to find analysis and financial information on most mid-cap stock. Look for these 3 essential characteristics before you invest.
- A history of yearly growth: Unlike large-cap stocks, mid-cap stock have the potential to significantly grow their operations on a yearly or even monthly basis. When you search for mid-cap companies to invest in, look for ones that have a proven track record of growth.
- A positive earnings per share value: A company’s earnings per share (EPS) value is calculated by dividing the current revenue minus dividends by the total number of outstanding shares. A mid-cap company might have some debt, especially for the first few years on the market. However, if a company has a positive EPS, it means that the debt is under control and the corporation is remaining profitable.
- A safe, sustainable dividend yield: If you’re investing to create a passive stream of income, you might turn to dividend-producing mid-cap stock because they tend to be more affordable than their large-cap counterparts. While it can be tempting to shop for stocks only by their annual dollar payout, you should instead pay attention to the dividend yield.
- Quality management: Quality management of any stock means that you are more likely to see the results that you want. While nothing is a sure thing, a proper management team and solid management style can make all the difference.
A company’s dividend yield is equal to the current annual dividend divided by its current share price. A dividend yield above 10% may indicate that the dividend is unsustainable and may be cut in the near future.
Adding Mid Cap Stocks to Your Portfolio
These stocks can make an exciting addition to any portfolio. No matter if you’re ready to invest hundreds of dollars or you’re simply looking for stocks under $10, remember that these stocks can be riskier than investing in large-cap stocks or total market index funds.
If you do decide to add a few of these stocks to your portfolio, try to search for stocks within a few different industries to limit your risk.
What does mid-cap stand for?
Mid-cap stands for middle capitalization.
Are mid-cap stocks transparent?
Mid-cap stocks are more transparant than small or micro-cap stocks.
Are mid-cap stocks risky?
Mid-cap stocks are riskier than large-cap stocks.
About Sarah Horvath
Sarah Horvath is a seasoned financial writer with a specialization in investing content. With a keen eye for market trends and a deep understanding of investment strategies, Sarah delivers insightful and informative articles tailored to investors. Her dedication to providing valuable content empowers readers to make informed decisions in the dynamic world of finance. Sarah’s expertise extends across various investment vehicles, including stocks, bonds, cryptocurrencies, and real estate. Whether analyzing market movements, evaluating investment opportunities, or demystifying complex financial concepts, Sarah’s writing is characterized by clarity, accuracy, and actionable insights. Through her engaging content, Sarah strives to educate and guide investors on their journey towards financial success.