Volatility has many shades: 5 mid-cap stocks from different sectors with an upside potential of up to 42%

  • Posted on October 22, 2024
  • By Business News Today
  • 2 Views
Volatility has many shades: 5 mid-cap stocks from different sectors with an upside potential of up to 42%

After a relentless rally, every segment of the market is witnessing a correction. In the case of mid-cap stocks, one could call it many things: Profit-booking, correction, rational shifting, consolidation. Why so? Because, the way stocks are moving, there is no single trend in the mid-cap space. Some are falling as they rose too fast, Some literally have no fundamental strength – like the company under bankruptcy threat still quoting at a half-a-billion-dollar market cap. In fact, many sub-segments are being formed among the mid-caps – and given the mix of head and tailwinds, this trend is likely to strengthen in the next two to three months. Given the scenario, the only way forward is to focus on managing risks.
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