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FYI: Earnings growth is slowing down, even among the country’s most consistent earnings growers. Over the last five years, the Russell Midcap Growth Index has seen average annual earnings per share growth of 16.4%. This year Ron Zibelli, who manages the Invesco Oppenheimer Discovery Mid Cap Growth Fund, estimates earnings growth will be in the high single digits for the benchmark index, and in the 12% area for his fund’s portfolio. Regards, Ted https://www.fa-mag.com/news/why-mid-caps-are-a-market--sweet-spot-52355.html?print
