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PetSmart and 4 Other Midcaps with ‘Tons of Upside’: Pros

You’ve heard about all those big stocks that you should buy, but the pros say there are plenty of mid-size names that belong on your radar too.

Scott Mullinix Portfolio Manager at Nuveen Mid-Cap Growth Opportunities Fund tells us he likes Ulta and Monster Beverage .

"Those have been very positive," he says. "Monster has been winning market share over Red Bull and other rivals at a nice steady space. And their category is growing 15% in the US."

However, his favorite name in the space is PetSmart.

“We focus on exceptional growth companies and this is one of them,” he says. "We've done quite well with that (thesis.)"

In fact, he’s done quite well. Mullinix’ fund is up nearly 7% this year, making it the best performing fund in its Morningstar category.

Trader Mike Murphy likes another midcap, Perrigo . “They make the store brands – they’ve had phenomenal growth, they’re a buy-out candidate and the stock holds up well in a negative tape. I think it has a ton of upside,” he says.

Trader Joe Terranova prefers longPioneer. With energy turning higher on Wednesday, “That’s a great way to play oil and nat gas.”

Posted by CNBC's Lee Brodie

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Trader disclosure: On June 6, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long PNC; Joe Terranova is long USB; Joe Terranova is long TCBI; Joe Terranova is long SBUX; Joe Terranova is long WMB; Joe Terranova is long SJM; Joe Terranova is long UPL; Joe Terranova is long WFM; Joe Terranova is long IBM; Joe Terranova is long CNX; Joe Terranova is long HYG; Joe Terranova is long AAPL; Joe Terranova is long EMC; Joe Terranova is long NXPI; Joe Terranova is long LPX; Joe Terranova is long XNDK; Joe Terranova is short JUNE MINI S&P FUTURES; Steve Grasso is long ASTM; Steve Grasso is long BA; Steve Grasso is long D; Steve Grasso is long FRO; Steve Grasso is long LNG; Steve Grasso is long MHY; Steve Grasso is long MO; Steve Grasso is long PFE; Steve Grasso is long S; Steve Grasso is long XLU; Steve Grasso is long ZAZA; Stephanie Link is long JPM; Stephanie Link is long DD

For Steve Cortes
Nothing to disclose

For Scott Mullinix
Scott Mullinix is long FISGX
Scott Mullinix is long CERN
Scott Mullinix is long ALXN
Scott Mullinix is long PRGO
Scott Mullinix is long SBAC
Scott Mullinix is long PXD

For Tony Crescenzi
Nothing to disclose





CNBC.com with wires.