Mid-cap IT stocks feel the heat as investors do a reality check
- Headwinds emanating from a slowdown in the US, trade wars and uncertainty concerning Brexit other key issues
- Only a few mid-tier IT companies have been consistent in performance, leaving investors in the lurch
Among the once high-flying stocks that sold off in the downturn this past six months are mid-cap IT stocks. The perception that second-rung IT companies could deliver higher growth rates than big IT is no longer taken as a given.
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