Companies with a market value of $2 billion to $10 billion are considered mid-cap. These businesses provide investors with a number of benefits that small and large businesses do not. They offer a nice balance of stability and growth potential, making them valuable complements to any portfolio. Over the years, mid-cap companies have beaten growth stocks in almost every market. Mid-cap firms’ stock prices have the ability to rise as their market share grows. They are regularly affected by large-cap mergers and acquisitions, as well as other causes.
Insider Monkey reviewed and highlighted 10 mid-cap stocks hedge funds are talking about. The “Alger Mid Cap Focus Fund” investor letter was released by Alger, an investment management firm, in the first quarter of 2021. Anaplan, Inc. shares have returned 0.76 percent over the past year, with a 12-month performance of 22.08 percent. The “Oakmark Global Fund” third quarter 2021 investor letter, which can be seen here, was released by Oakmark Funds, an investment management organization. Tenet Healthcare Corporation has returned 9.00 percent since the beginning of the year, with a 61.04 percent return over the last 12 months. ClearBridge Investments released its “Mid Cap Growth Strategy” investor letter for the third quarter of 2021, which can be accessed here. XPO Logistics, Inc. has lost 8.98% since the beginning of the year, with a 3.06 percent drop in 12-month returns. The Miller Opportunity Trust outperformed its benchmark, the S&P 500 Index, in Q1 2021, with Class I up 16.67 percent. The top five stock choices from Miller Value Partners for investors to buy right now might be the year’s biggest winners. Pershing Square Capital Management, an investment management firm, has released its investor letter for the fourth quarter of 2021. For the year 2021, the fund generated a portfolio net return of 26.9%. For more details, click 10 Mid-Cap Stocks Hedge Funds Are Talking About.
