A Middle Road Between Blue Chips And StartupsPam Black
When Standard & Poor's launched a midcap index in June, 1991, it shone a spotlight on stocks of midsize companies. Since then, investment firms have scurried to create new midcap mutual funds such as PFAMCO's Midcap Growth--or to reposition old funds to focus on companies with market capitalizations of $300 million to $5 billion. With all the attention, you might think the best stocks had been taken. But midcaps should remain hot in the 1990s.
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