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However, continuing efforts to increase the efficacy of COVID-19 vaccines (including initiatives to administer booster shots) and lower-than-expected inflation data for August have renewed investors’ positivity about a continuing economic recovery. This resulted in a trend reversal for some mid-cap stocks last week.
EnLink Midstream, LLC (ENLC), Sharecare, Inc. (SHCR), SmileDirectClub, Inc. (SDC), and Crescent Point Energy Corp. (CPG) gained more than 10% in price last week. So, we think it could be wise to add these stocks to one’s watchlist.
