Foresight Australian Mid Cap Report

Foresight’s latest Australian Mid Cap Report shows this segment of the market offers strong growth opportunities for active stock pickers. The attractive growth profile of mid-caps has been steadily improving since 2013 with the current excess composite growth at 2.4 standard deviations higher than the broader market. Amongst the growth factors, IBES dividend growth (3.4 standard deviations higher) and historical earnings growth( 3.8 standard deviations higher) than the market. The companies featuring high across the growth metrics include Magellan Financial Group, Aristocrat, Dominos Pizza, Mayne Pharma and Aconex.

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