Promising Mid Cap Stocks To Add to Your Watchlist - July 28th

Key Points

• Direxion Daily TSLA Bull 2X Shares (TSLL) has seen a significant trading volume of 170 million shares, with its stock price at $12.09, and a market cap of $6.34 billion.
• AltC Acquisition Corp. (ALCC) aims to engage in a merger or other business combinations and recently traded at $75.50, with a high trading volume compared to its average.
• ProShares UltraPro Short QQQ (SQQQ) seeks to achieve three times the inverse of the NASDAQ-100 Index's daily performance and currently trades at $18.18, with substantial trading activity.

Direxion Daily TSLA Bull 2X Shares, AltC Acquisition, and ProShares UltraPro Short QQQ are the three Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of publicly traded companies whose market capitalizations generally fall between about $2 billion and $10 billion. They tend to offer a middle ground between the higher growth (and higher volatility) of small caps and the greater stability (but typically lower growth) of large caps, appealing 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.

Direxion Daily TSLA Bull 2X Shares (TSLL)

NASDAQ:TSLL traded up $0.82 during midday trading on Monday, reaching $12.09. The stock had a trading volume of 170,222,660 shares, compared to its average volume of 169,193,344. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $6.29 and a 1-year high of $41.50. The firm's fifty day simple moving average is $12.61 and its 200-day simple moving average is $14.06. The stock has a market capitalization of $6.34 billion, a P/E ratio of 88.55 and a beta of -5.14.

Read Our Latest Research Report on TSLL

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.

NYSE:ALCC traded up $0.91 during midday trading on Monday, reaching $75.50. The stock had a trading volume of 18,541,257 shares, compared to its average volume of 723,393. AltC Acquisition has a 1-year low of $10.27 and a 1-year high of $18.80. The firm's fifty day simple moving average is $55.58 and its 200-day simple moving average is $39.40.

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.

ProShares UltraPro Short QQQ stock traded down $0.08 during mid-day trading on Monday, reaching $18.18. The company had a trading volume of 55,631,662 shares, compared to its average volume of 90,959,789. ProShares UltraPro Short QQQ has a 52 week low of $18.00 and a 52 week high of $57.95. The company has a 50 day moving average of $21.26 and a 200-day moving average of $28.78.

Read Our Latest Research Report on SQQQ