Are midcap stocks a distinct asset class in their own right? I'm referring to stocks that are larger than small-cap stocks but smaller than the large caps. To the extent such stocks constitute a separate asset class, some of their returns will be a function of being a member of that class.
The stock market's weakness might not be over — but it's not too early to start building a list of stocks to consider buying when investors are willing to take on more risk.
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