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4 Mid-Cap Stocks to Buy Right Now By StockNews

© Reuters. 4 Mid-Cap Stocks to Buy Right Now

The ongoing economic recovery, a low-interest-rate environment, and federal stimulus have benefited mid-cap stocks significantly this year. And we think the solid growth prospects and profitability of mid-cap stocks AGC (ASGLY), Isuzu Motors (ISUZY), ICL Group (ICL), and ManpowerGroup (NYSE:) make them safer bets than their large-cap counterparts amid the uncertainties surrounding the economic recovery. So, let’s take a close look at these companies.The stock market has been volatile of late owing to the resurgence of COVID-19 cases, surging inflation, and rising geopolitical tensions. Because concerns over a slowing economic recovery could lead to a market correction in the near term, we think it could be wise to bet on fundamentally sound mid-cap stocks that have business momentum.

Historically, mid-cap stocks have delivered better returns than large-cap stocks and remained more stable than small-cap stocks. Looking at recent performance, the SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) delivered 1.6% returns over the past month, outperforming the SPDR S&P 500 Trust ETF’s (SPY) 1.2% returns.

So, investors seeking to dodge market volatility could consider betting on mid-cap stocks AGC Inc. (ASGLY), Isuzu Motors Limited (ISUZY), ICL Group Ltd (ICL), and ManpowerGroup Inc. (MAN). We think these companies are well-positioned to capitalize on their respective industry tailwinds and outperform the broader market.

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