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PetSmart and 4 Other Midcaps with ‘Tons of Upside’: Pros
06 Jun 2012 EDT - CNBC.com
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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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