Best Mid Cap Stocks To Research - October 21st

Key Points

• Five Mid Cap stocks to watch today include AltC Acquisition, Direxion Daily TSLA Bull 2X Shares, ProShares UltraPro Short QQQ, Navitas Semiconductor, and Cleveland-Cliffs, identified for their high trading volumes.
• Mid-cap stocks are seen as a balance between large-cap stability and small-cap growth, typically having market capitalizations between $2 billion to $10 billion.
• Cleveland-Cliffs is noted as the largest flat-rolled steel company and iron ore pellet producer in North America, showcasing its significant industry presence.

AltC Acquisition, Direxion Daily TSLA Bull 2X Shares, ProShares UltraPro Short QQQ, Navitas Semiconductor, and Cleveland-Cliffs are the five Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of companies with a market capitalization typically in the middle range—commonly about $2 billion to $10 billion, though exact cutoffs vary by index or provider. Investors view them as a balance between large-cap stability and small-cap growth potential, offering moderate growth prospects with generally higher risk and reward than large caps but lower volatility than small caps. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Read Our Latest Research Report on ALCC

Direxion Daily TSLA Bull 2X Shares (TSLL)

Read Our Latest Research Report on TSLL

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Read Our Latest Research Report on SQQQ

Navitas Semiconductor (NVTS)

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.

Read Our Latest Research Report on NVTS

Cleveland-Cliffs (CLF)

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc.

Read Our Latest Research Report on CLF