Mid Cap Stocks To Watch Now - October 17th

Key Points

• Five Mid Cap stocks to watch include AltC Acquisition, ProShares UltraPro Short QQQ, Direxion Daily TSLA Bull 2X Shares, Navitas Semiconductor, and Applied Digital, all of which had the highest dollar trading volume recently.
• Mid-cap stocks provide a balance of growth potential and stability, appealing to investors looking for moderate risk and return.
• Navitas Semiconductor and Applied Digital focus on advanced technologies, such as gallium nitride power integrated circuits and high-performance computing infrastructures, respectively.

AltC Acquisition, ProShares UltraPro Short QQQ, Direxion Daily TSLA Bull 2X Shares, Navitas Semiconductor, and Applied Digital 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 generally between roughly $2 billion and $10 billion. They typically offer a balance between growth potential and stability—more growth upside than large caps but less volatility and risk than small caps, making them attractive to investors seeking moderate risk and return. 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

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

Direxion Daily TSLA Bull 2X Shares (TSLL)

Read Our Latest Research Report on TSLL

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

Applied Digital (APLD)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

Read Our Latest Research Report on APLD