5 Best Mid Cap Stocks To Buy In 2022

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In this article, we discuss 5 best mid cap stocks to buy in 2022. If you want our detailed analysis of these stocks, go directly to 10 Best Mid Cap Stocks To Buy In 2022

5. Calix, Inc. (NYSE:CALX)

Market Capitalization as of February 15: $3.396 billion

Number of Hedge Fund Holders: 25

Headquartered in San Jose, California, Calix, Inc. (NYSE:CALX) is a company that offers cloud-based software platforms and services to communications providers in North America and internationally. 

On January 26, Calix, Inc. (NYSE:CALX) posted its Q4 earnings, reporting an EPS of $0.26, beating estimates by $0.02. The $176.42 million revenue exceeded market consensus by $2.50 million. 

Craig-Hallum analyst Christian Schwab upgraded Calix, Inc. (NYSE:CALX) to Buy from Hold on January 28 and maintained a $55 price target following the Q4 results. The company reported better than expected Q4 results and guided Q1 ahead of expectations despite gross margin headwinds, Schwab told investors in a bullish note. 

In Q3 2021, Driehaus Capital was the largest stakeholder of Calix, Inc. (NYSE:CALX), owning more than 2 million shares of the company, worth over $100 million. Overall, 25 hedge funds held long positions in Calix, Inc. (NYSE:CALX) in the third quarter of 2021, up from 23 funds in the quarter earlier. 

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