11 Best Mid Cap Growth Stocks To Invest In Now

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2. Qorvo Inc. (NASDAQ:QRVO)

Market Capitalization as of June 19: $7.47 billion

Number of Hedge Fund Holders: 45

Qorvo Inc. (NASDAQ:QRVO) is one of the best mid cap growth stocks to invest in now. As May was ending, Qorvo introduced 2 new hybrid power doubler amplifiers, the QPA3311 and QPA3316. These devices are designed to bolster Qorvo’s DOCSIS 4.0 portfolio for broadband cable networks to deliver high-speed internet and video services over existing cable systems.

The announcement was made to support the industry’s transition towards Unified DOCSIS and smart amplifier architectures for greater visibility, efficiency, and adaptability in hybrid fiber-coax systems. The QPA3311 and QPA3316 amplifiers are optimized for downstream operations up to 1.8 GHz. They offer higher total composite power and improved signal integrity, which helps reduce cascade requirements and enhance end-of-line performance.

This innovation will lead to lower infrastructure costs by eliminating the need for expensive booster amplifiers. The QPA3311 is suitable for power-efficient designs requiring strong end-of-line performance. The QPA3316 is designed for high-output nodes needing maximum downstream performance.

Qorvo Inc. (NASDAQ:QRVO) develops and commercializes technologies and products for wireless, wired, and power markets worldwide.

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