10 Hot Mid Cap Stocks to Buy Now

8. CommScope Holding Company, Inc. (NASDAQ:COMM)

Market Capitalization: $3.59 Billion

6-Month Performance: 152.60%

Number of Hedge Fund Holders: 38

CommScope Holding Company, Inc. (NASDAQ:COMM) is one of the best hot mid-cap stocks to buy now. On August 27, CommScope Holding Company, Inc. (NASDAQ:COMM) reported that it achieved record-breaking downstream speeds in a DOCSIS 4.0 network.

This achievement by CommScope Holding Company, Inc. (NASDAQ:COMM) took place during the CableLabs DOCSIS 4.0 and DAA Technology Interop event in Louisville, Colorado. This event allowed different companies to check their equipment’s interoperability with CableLabs’s DOCSIS 4.0 specifications.

CommScope Holding Company, Inc. (NASDAQ:COMM) used a 258 – 1794 MHz downstream and 10 – 204 MHz upstream RF plant setup. This setup was powered by the vCCAP Evo virtual CCAP platform and it helped CommScope Holding Company, Inc. (NASDAQ:COMM) to reach unprecedented speeds of 16.25 Gbps in downloads. This was done using two load-balanced DOCSIS 4.0 modems, which came from different manufacturers with different chipsets.

In another test, CommScope Holding Company, Inc. (NASDAQ:COMM) also showed that a single DOCSIS 4.0 modem could achieve downstream speeds of more than 9.4 Gbps. These impressive speeds indicate that a DOCSIS 4.0 network could compete with FTTH speeds without the need for deploying a new network.

These achievements also show that CommScope Holding Company, Inc.’s (NASDAQ:COMM) vCCAP Evo platform and DOCSIS 4.0 products have superior interoperability and flexibility.

CommScope Holding Company, Inc. (NASDAQ:COMM) a leading American manufacturer of broadband connectivity technologies and fiber optic solutions.