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Many investors are happy to be moving on from the market volatility of 2022, which left a mere few good places to hide.
Hitting the so-called “sweet spot,” US mid caps - generally defined as companies with market capitalization between US$2 and US$10 billion - can offer faster growth prospects than large caps along with a lower risk profile than small caps.
Quality-tilted stocks, marked by profitable companies with capital efficiency and low volatility traits, together helped hedge against risks.