|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||228.28 - 231.80|
|52 Week Range||127.39 - 270.95|
|Beta (5Y Monthly)||2.21|
|PE Ratio (TTM)||13.35|
|Earnings Date||Oct 22, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 10, 1992|
|1y Target Est||244.55|
Mid-cap stocks -- generally defined as a company valued at a market cap of $2 billion to $10 billion -- can be found among a diverse field of businesses and industries. Three mid-cap companies that I think are poised to rally in grand fashion are SVB Financial Group (NASDAQ: SIVB), Skechers (NYSE: SKX), and Appian (NASDAQ: APPN). While it has taken its lumps as well, SVB Financial Group -- better known as Silicon Valley Bank (SVB) -- is down only 10% so far in 2020.
SVB Financial Group (NASDAQ: SIVB), the holding company for Silicon Valley Bank, has been about as good a bank stock as you could want over the past decade. For the 10-year period that ended June 30, SVB has had an annualized return of about 17%, which was the best among the 40 largest U.S. banks. As the disclaimer goes, past performance is no guarantee of future results -- but there are a lot of reasons to believe that SVB will continue to be successful.
Greg Becker became the CEO of SVB Financial Group (NASDAQ:SIVB) in 2011, and we think it's a good time to look at the...