Top Investors’ Stock Portfolio: 5 Mid-Cap Stocks To Buy

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1. Lithia Motors, Inc. (NYSE:LAD)

Number of Hedge Fund Holders: 63
Market Cap: $9.45 billion

Lithia Motors, Inc. (NYSE:LAD) tops our list of the top mid-cap stocks to buy. It is an American automotive retailer and one of the most fastest-growing companies in the Fortune 500, owning 265 stores in 24 states. 

In Q2 2021, Lithia Motors, Inc. (NYSE:LAD) reported a 130% growth in new vehicle retail sales, while the used vehicle retail sales increased by over 95%. The company posted an EPS of $11.12, beating the estimates by $4.95. This July, Craig-Hallum lifted its price target on Lithia Motors, Inc. (NYSE:LAD) to $520, while keeping a ‘Buy’ rating on the shares. In the past year, Lithia Motors, Inc. (NYSE:LAD) delivered a 9.4% return to shareholders. 

As of Q2 2021, 63 hedge funds tracked by Insider Monkey have positions in Lithia Motors, Inc. (NYSE:LAD), up from 40 in the previous quarter. The total value of these stakes is $2.9 billion. 

You can also take a look at 10 Dividend Stocks for the Small-Cap Investor and 10 best small-cap stocks to buy now

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