The Zacks Analyst Blog Highlights MACOM Technology Solutions, Masimo, Leonardo DRS, Ingredion and Carpenter

In This Article:

For Immediate Release

Chicago, IL – December 2, 2024 – Zacks.com announces the list of Stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: MACOM Technology Solutions Holdings Inc. MTSI, Masimo Corp. MASI, Leonardo DRS Inc. DRS, Ingredion Inc. INGR and Carpenter Technology Corp. CRS.

Here are highlights from Friday’s Analyst Blog:

Buy 5 Mid-Cap Stocks Poised to Become Large-Caps in 2025

U.S. stock markets have witnessed renewed momentum in 2024 after an impressive 2023. The bull run continued for the past 21 months, barring some minor fluctuations. Meanwhile, market participants are expecting a 70% chance for another 25 basis points by the Fed in December. If this materializes, then the central bank will reduce the benchmark lending rate by 1% in 2024.

Aside from the three major stock indexes, the mid-cap-centric S&P 400 index has also rallied 21.4% year to date. Within the mid-cap space, a handful of stocks (market capital > $9 billion< $10 billion) have the potential to become large caps in 2025.

Five such stocks are - MACOM Technology Solutions Holdings Inc., Masimo Corp., Leonardo DRS Inc., Ingredion Inc. and Carpenter Technology Corp.

Why Mid-Cap Stocks

Investment in mid-cap stocks is often recognized as a good portfolio diversification strategy. These stocks combine the attractive attributes of both small and large-cap stocks. Top-ranked, mid-cap stocks have a high potential to enhance their profitability, productivity and market share. These may also become large-cap over time.

If the economic growth slows down due to any unforeseen internal or external disturbance, mid-cap stocks will be less susceptible to losses than their large-cap counterparts owing to less international exposure.

On the other hand, if the economy continues to thrive, these stocks will gain more than small caps due to established management teams, a broad distribution network, brand recognition and ready access to the capital markets.

Buy 5 Mid Caps Set to Turn to Large-Cap Stocks

These stocks have strong revenues and earnings growth potential for 2025. Moreover, these stocks have seen positive earnings estimate revisions over the last 30 days. Each of our picks sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

MACOM Technology Solutions Holdings Inc.

MACOM Technology Solutions is benefiting from solid momentum across telecom, data center, and industrial and defense markets. Growing 5G network deployments, rising demand for RF and microwave products and strength across defense applications are positives for MTSI.