This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

Stocks turn positive for the week on Thursday on trade talk optimism. President Trump announced that the U.S. and the UK have made an agreement on trade. Trade representatives from the U.S. and China are also slated to meet this weekend in Switzerland to work out trade terms. The Dow gained 254 points, or 0.6%. The S&P 500 rose 0.6%, and the Nasdaq advanced 1%.

Kraft Heinz, headquartered in Pittsburgh, is one of the largest food and beverage companies in the world. Its leading brands include Heinz, Kraft, Oscar Mayer, Philadelphia, Velveeta, Lunchables, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Cool Whip, and Jell-O. The company was formed through the merger of Kraft Foods and H.J. Heinz on July 2, 2015. Heinz was previously owned by Berkshire Hathaway and 3G Global Food Holdings LP. Kraft shares are a component of the S&P 500. The company has approximately 36,000 employees.

In July 2015, Kraft merged with Heinz to create one of North America's largest food and beverage manufacturers. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing foodservice presence. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives nearly 25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.