You've heard the arguments: Small-cap stocks have the transparency and flexibility to lead the recovery. Large-cap stocks have the liquidity to lead the recovery. So why is neither market cap size leading the way?
As Larry Kudlow pointed out on CNBC, the mid-cap S&P 400 is up 27 percent since the November bottom, outperforming both ends of the stock spectrum.
"I like the mid-cap space, because you get the information opportunity of small-cap investing, with the liquidity of large caps," RidgeWorth Capital Management's Don Wordell told CNBC.
Recommendations:
"One of my favorite tech ideas is Intersil, a semiconductor company that has no debt, a couple hundred million dollars on the balance sheet, tremendous operating leverage when the cycle turns," he said.
He also likes XTO Energy.
Disclosures:
Disclosure information for Don Wordell was not immediately available.