Top Mid Cap Stocks To Consider – August 4th

ProShares UltraPro Short QQQ, Chart Industries, AltC Acquisition, Direxion Daily TSLA Bull 2X Shares, and CommScope are the five Mid Cap stocks to watch today, according to MarketBeat’s stock screener tool. Mid-cap stocks are shares of publicly traded companies with a market capitalization typically ranging from about $2 billion to $10 billion, placing them between small-cap and large-cap firms. These companies tend to offer a blend of growth potential and relative stability, combining more established business models with room to expand. As a result, many investors include mid-caps in their portfolios to achieve moderate risk-adjusted returns while maintaining diversification. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

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.

Shares of ProShares UltraPro Short QQQ stock traded down $1.00 during trading on Monday, hitting $18.52. 97,674,548 shares of the company’s stock were exchanged, compared to its average volume of 92,054,563. The business has a 50-day simple moving average of $20.68 and a 200-day simple moving average of $28.33. ProShares UltraPro Short QQQ has a 52-week low of $17.49 and a 52-week high of $57.95.

Chart Industries (GTLS)

Chart Industries, Inc. engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

NYSE:GTLS traded down $0.05 on Monday, hitting $198.70. The stock had a trading volume of 8,860,829 shares, compared to its average volume of 1,165,126. The company has a fifty day moving average price of $162.50 and a two-hundred day moving average price of $163.55. The stock has a market cap of $8.93 billion, a price-to-earnings ratio of 36.94, a PEG ratio of 1.15 and a beta of 1.59. Chart Industries has a 1-year low of $101.60 and a 1-year high of $220.03. The company has a quick ratio of 1.27, a current ratio of 1.55 and a debt-to-equity ratio of 1.04.

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 down $5.10 during trading hours on Monday, reaching $71.49. 19,769,723 shares of the company’s stock were exchanged, 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 company has a 50-day moving average of $59.24 and a 200 day moving average of $41.17.

Direxion Daily TSLA Bull 2X Shares (TSLL)

Shares of TSLL stock traded up $0.50 during trading hours on Monday, hitting $10.82. The company’s stock had a trading volume of 117,286,066 shares, compared to its average volume of 168,302,125. The business has a fifty day moving average of $12.28 and a 200-day moving average of $13.50. The stock has a market cap of $5.81 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $6.29 and a twelve month high of $41.50.

CommScope (COMM)

CommScope Holding Company, Inc. provides infrastructure solutions for communications, data center, and entertainment networks worldwide. The company operates through Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments.

Shares of NASDAQ COMM traded up $6.92 during trading on Monday, reaching $14.71. 66,216,683 shares of the stock were exchanged, compared to its average volume of 5,784,699. CommScope has a twelve month low of $1.93 and a twelve month high of $15.15. The business’s 50-day moving average price is $7.16 and its 200 day moving average price is $5.70. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 5.38, a price-to-earnings-growth ratio of 0.23 and a beta of 2.38.