Ideas

Mid Cap Opportunities

If you are interested in learning more about mid cap stocks and our perspective of why we believe the mid cap universe is so attractive, please download a copy of our white paper, "The Case for Mid Cap Stocks." Below is a very brief abstract of the paper. The mid cap universe is fertile ground for stock picking
Larger universe than mega caps	=	More choice and more diversity
Business life cycle	=	"S" curve of life cycle
Special situations	=	Unique, ad hoc opportunities to realize value
Large cap constraints	=	It becomes extremely difficult for stocks to continue outperforming once they become large
Opportunities in mid caps can arise due to market-related inefficiencies
Information availability	=	Less is known about mid caps
Patterns in stock ownership	=	Retail preferences for large cap stocks