For risk takers; 5 mid cap stocks with right levels of RoE and upside potential of up 22%

Companies which enjoy higher institutional interest & having institutional ownership of at least 10% are considered in this list.

Synopsis

Investing in mid-cap stocks is always a challenge for any investor in any market conditions. This challenge gets much bigger when the valuations are extremely high. In such times, it would be better that investors should be cautious in selecting the stocks, better to go with buying in smaller quantities and keep some cash allocated for the stocks, but only to be used on the day when there is absolutely chaos on the street. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or “strong buy”.

Midcaps stocks are once again on a roll, for two reasons, first the fear of any sharp spike in US yield if off the table. Second, earnings in some sectors are better than what was being expected at the start of the earning season. The money flowing in mid-cap mutual fund schemes is also high which is keeping the flows to select stocks and pushing them higher. While one may stay bullish, but keep funds to be utilized when there is any strong

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