Stocks

5 Mid-Cap Stocks on the Cusp of Becoming Large-Cap Contenders

Published September 18, 2024

Mid-cap stocks exist in a unique market space, poised for growth with the potential to evolve into large-cap stalwarts. Among a diverse range of sectors, five particular mid-cap companies have surfaced as prime candidates expected to make the leap to large-cap status in the foreseeable future. Investors are diligently tracking these stocks, which include ANF, PPC, SIRI, NCLH, and CART.

Abercrombie & Fitch Co. ANF

ANF, with its specialty retail prowess, operates from its headquarters in New Albany, Ohio. Known for its trendy clothing and accessories, ANF has a solidified presence in the retail space that suggests the potential for significant growth.

Pilgrim's Pride Corporation PPC

PPC represents a key player in the food industry, extensively involved in the production, processing, and distribution of chicken and pork products. With a wide international footprint and its base in Greeley, Colorado, PPC is well-positioned to elevate its market status.

Sirius XM Holdings Inc. SIRI

As a dominant force in satellite radio services, SIRI demonstrates a stable subscription-based model in the United States that could steer it towards the large-cap territory.

Norwegian Cruise Line Holdings Ltd. NCLH

The cruise industry behemoth NCLH, headquartered in Miami, Florida, operates across several continents and is expected to ride the wave of travel resurgence post-pandemic disruptions, hinting at large-cap potential.

Carolina Trust BancShares, Inc. CART

CART, the parent company of Carolina Trust Bank, excels in providing comprehensive commercial banking services from its Lincolnton, North Carolina hub. This financial institution is proving to be an intriguing pick for ascending into the higher market cap echelon.

growth, mid-cap, large-cap