Promising Mid Cap Stocks To Keep An Eye On – June 3rd

Navitas Semiconductor, ProShares UltraPro Short QQQ, and Direxion Daily MU Bull 2X Shares are the three Mid Cap stocks to watch today, according to MarketBeat’s stock screener tool. Mid cap stocks are shares of companies with a medium-sized market capitalization, typically between about $2 billion and $10 billion, though the exact range can vary. For investors, they often represent a balance between the growth potential of smaller companies and the stability of larger, more established firms. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

Navitas Semiconductor (NVTS)

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company’s products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.

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.

Direxion Daily MU Bull 2X Shares (MUU)