Best stocks to buy in mid cap companies

Mid cap companies are the companies which have the market capitalization between $2 billion and $10 billion. In this article we will talk about some of the best stocks to buy in this category. These companies lie between the small cap companies and large cap companies. These are big enough so that they can sustain their past performance and they are not yet large that they have past their prime. They have the potential to grow fast and become one of those large cap companies like Microsoft (Nasdaq: MSFT), Apple (AAPL), JPMorgan Chase & Co. (JPM), Bank of America Corp (BAC) or Cisco Systems (CSCO).

The mid cap companies can picked from one of the various indices given below:

  • Dow Jones Wilshire U.S. Index: On this index, stocks ranked within the range of 501 to 1,000 are called mid cap stocks.
  • S&P MidCap 400 Index: It comprises of 400 domestic mid cap stocks. This is a market-value weighted index and represents one of the first yardsticks for monitoring the price movements of mid cap stocks.
  • Russell MidCap Index: It is a subset of Russell 1000 and Russell 3000. It represents 800 companies with a market capitalization between $8 billion and $10 billion. The median value ranges from $4 billion to $5 billion. The index is upgraded annually.

Some of the best stocks to buy in mid cap category are given below. Most of them appear in the Forbes list of top performing mid cap companies of 2009:

ABM Industries Inc (ABM)

Citrix Systems Inc (CTXS)

DreamWorks Animation SKG Inc (DWA)

Endo Pharmaceuticals Holdings Inc (ENDP)

Garmin Ltd (GRMN)

MSCI Inc (MXB)

Red Hat Inc (RHT)

Microchip Technology Inc (MCHP)

Myriad Genetics (nasdaq: MYGN)

Deckers Outdoor (nasdaq: DECK)

InterDigital (nasdaq: IDCC)

Netflix (nasdaq: NFLX)

Allegiant Travel (nasdaq: ALGT)

Quality Systems (nasdaq: QSII)

China Southern Airlines Co Ltd (NYSE: ZNH)

Agnico-Eagle Mines Ltd (NYSE: AEM)

China Eastern Airlines Corp Ltd (NYSE: CEA)

Tidewater Inc (NYSE: TDW)

CTC Media Inc (NASDAQ: CTCM)

Strayer Education  (nasdaq: STRA)

Aeropostale (nyse: ARO)

Amedisys (nasdaq: AMED)

Gannett Co. (NYSE:GCI)

Dynegy (NYSE:DYN)

Wynn Resorts Ltd. (Nasdaq:WYNN)

Advanced Micro Devices (NYSE:AMD)

Tenet Healthcare (NYSE:THC)

Syntel (nasdaq: SYNT)

Panera Bread (nasdaq: PNRA)

F5 Networks (nasdaq: FFIV)

Atwood Oceanics (nyse: ATW)

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