10 Top-Rated Mid-Cap Stocks to Buy Now

When chosen wisely, mid-cap stocks can offer outsize growth potential and stability.

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When chosen wisely, mid-cap stocks can offer outsize growth potential and stability. Like their small-cap cousins, mid-caps – typically stocks with market values of roughly $2 billion to $10 billion, but some systems allow up to $20 billion – have ample room to grow. On the other hand, like large-cap firms, they tend to have more balance sheet strength and a surer footing in their respective industries.

When it comes to finding this happy middle of risk vs. reward, investors can lean on quantitative analysis. QA takes a wide swath of fundamental, technical and other data, runs it through a mathematical model and calculates a recommendation. This usually is the preserve of so-called quant funds, which guard their methods jealously. But thanks to StockReports+ from Refinitiv, we know what at least one quant model has to say.

StockReports+ combines a weighted quantitative analysis of six widely used factors: earnings (including estimate surprises and analyst recommendation changes, among other factors; fundamental analysis, which encompasses profitability, debt and dividends, among other considerations; relative valuation, which looks at measures such as price-to-sales and price-to-earnings ratios; risk, which considers magnitude of returns, volatility and other factors; price momentum, which is based on technical performance factors such as seasonality and relative strength; and insider trading, which looks at whether top corporate executives have been net buyers or sellers of their company’s stock.

The result is a score from 1-10 (10 being the most positive), then certain factor scores are weighted to spit out an “optimized score” that has shown to be the best predictor of future returns.

It’s a lot to digest. But these are the top 10 mid-cap stocks to buy right now, based off their high marks from quantitative analysis by StockReports+. They all have earned 10s, but are ordered by the underlying strength of their perfect grades, from weakest to strongest.

Data is as of June 27, 2019. Quantitative analysis is from StockReports+ from Refintiv. Analysts’ recommendations, price targets, price-to-earnings ratios and long-term growth forecasts are from Refinitiv. Dividend yields are calculated by annualizing the most recent quarterly payout and dividing by the share price. Stocks are listed by strength of optimized score, from lowest to highest.

Dan Burrows
Senior Investing Writer, Kiplinger.com

Dan Burrows is a financial writer at Kiplinger, having joined the august publication full time in 2016.

A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.

Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.

In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics and more.

Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.

Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts.