from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Of or relating to corporations whose retained earnings and outstanding shares of common stock have a value between those of small cap companies and large cap corporations.
- adj. Of or relating to mutual funds that invest in the stock of such corporations.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Having medium market capitalization, often defined as between 2 and 10 billion US dollars
- n. A stock with medium market capitalization.
The uptrend remains intact and the stock price Rs 60 is the target we are looking at, so it is one midcap which is now into very strong medium term uptrend so this is a good hold.
The index comprises largecap as well as midcap stocks.
The remainder of the stock portion would comprise small and midcap U.S. stocks, additional non-U.S. stocks and possibly another equity position.
Virtus is sticking to its core strategy of buying midcap and small-cap companies that are market leaders and earn the bulk of their revenues from domestic consumption, insulating them from global shocks.
French midcap PagesJaunes skidded 8.2% after the directories business said late Monday that second-quarter orders fell short of expectations "due to social unrest among the PagesJaunes sales force in France."
With a market capitalization of roughly $8 billion, Xilinx is large by midcap standards, but is dwarfed by Intel's whopping $116 billion market capitalization.
Likewise, small- and midcap tech rose more than 20%, while large-cap technology gained just 9%.
Likewise, midcap gains slow from 37.3% to 9.5% to 6.3%, according to Bank of America Merrill Lynch research.
In 2010 small- and midcap health-care companies returned 22%, while large-cap health-care stocks rose just 0.7%.
Skeptics note that, for now at least, investors are still putting their cash into small and midcap mutual funds — Lipper says they gained $2.2 billion in December, versus outflows of $7.8 billion for large caps.
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