4 Low-Debt Mid Cap Stocks On Track For Growth

Sometimes a company hits upon an idea or product that seems to be an overnight sensation. But more often, these fast-growing companies have been working hard to build the business for years, laying a foundation that can handle growth once the right opportunity presents itself. With this in mind, we focused on mid-cap stocks that are set for significant growth in the next year, but have also chosen not to over utilize debt as a source of funding. When a company has kept the debt down, it allows it to keep growth going, rather than worrying about paying back what it owes. The list of mid-cap stocks below provides you with an initial place to start your research.The Debt/Equity Ratio illustrates how aggressively a company is financing its growth via debt. The more debt financing that is used in a capital structure, the more volatile earnings can become due
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