Investors punting on the British stock market should eye the "not particularly racy industries" of textile cleaning, corrugated packaging and cable products, according to the U.K.'s J.P. Morgan Cazenove.
Other top contenders were packaging business DS Smith, and HellermanTyton, which supplies cable management tools. Joinery and kitchen part manufacturer Howden Joinery and construction company Interserve were also on the bank's list of firms to watch.
"There is a bit of a theme here in not particularly racy industries," Alex Mees, an equity analyst at J.P Morgan Cazenove, told CNBC on Friday.
The companies he named are all listed on the FTSE 250 index tracking the 101st to 350th biggest companies by market capitalization on the London Stock Exchange. The largest U.K. companies are listed on the better-known FTSE 100.
"These are companies that we think have internally generated opportunities to surprise people," said Mees.
"In our experience, this is where you can make money out of the mid-caps. Generally finding opportunities where people think 'we understand this business', where perhaps they don't."