3 Top Mid-Cap Stocks to Buy in November
Many investors shy away from mid-cap stocks in favor of larger, more established companies. For them, buying shares of well-known businesses provides a sense of safety. After all, how likely is it that a company worth hundreds of billions of dollars will go out of business? This aversion to taking risk makes sense for those who place a premium on not losing money.
On the other side of the equation from risk is return. Mid-cap stocks have historically outperformed large caps since 1972, posting an average annual gain of 15.3% compared to 13.2% for large caps. As the U.S. economy tries to get back to the economic output of 2019, mid-cap stocks could offer an outsized opportunity for gains. Below are three of my favorites.
Source Fool.com