9 Undervalued Mid Cap Growth Stocks

Mid-cap stocks provide a unique investment opportunity. After all, mid caps by definition have room to grow to join the ranks of their larger cap peers. Today, we screened for mid caps that look undervalued from a price-multiple perspective. We think you'll find the list we came up with rather interesting.The Price/Book Value Ratio is a great price-multiple valuation metric to find companies that could be potentially undervalued or overvalued. If a firm has a Price/Book Value Ratio of less than 1 it is stated to be trading below "break up" value. A lower P/BV Ratio can indicate a potentially mispriced company or indicate that something is fundamentally wrong with it.The forward P/E is a price multiple valuation metric, which is similar to the current P/E ratio, except that it uses the forecasted earnings instead. While this number might not be as accurate because it uses "forecasted" numbers,
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