Promising Mid Cap Stocks Worth Watching – July 31st

Direxion Daily MU Bull 2X Shares, AXT, and Applied Optoelectronics are the three Mid Cap stocks to watch today, according to MarketBeat’s stock screener tool. Mid-cap stocks are shares of companies with medium-sized market capitalizations, generally falling between small-cap and large-cap companies. They may offer investors a balance of growth potential and stability, though they can carry more risk and volatility than large-cap stocks. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

Direxion Daily MU Bull 2X Shares (MUU)

AXT (AXTI)

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging.

Applied Optoelectronics (AAOI)

Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.