We recently published a list of 10 Mid-Cap IT Stocks Outperforming The Market In 2025. In this article, we are going to take a look at where Ingram Micro Holdings Corporation (NYSE:INGM) stands against other mid-cap IT stocks outperforming the market in 2025.
US Stocks continue their recovery from a post-DeepSeek and post-tariffs period as nerves surrounding Donald Trump’s unpredictable policies calm down. The Nasdaq is surging 1.19% followed by the S&P 500 at 0.64%. The bullishness is expected to continue for the remainder of the day.
To determine which stocks could outperform the market in the coming months, it is essential to look at sectors that are benefitting from ongoing trends. IT stocks are unique in a way that with time, all companies have to spend more to keep their systems updated. Analysts expect companies to add 5% to their IT budgets in 2025. This, together with the increasing demand for AI products, will propel the sector’s returns in 2025.
Some companies have already started the year on a positive note. There are companies that are seeing increasing demand for their innovative products while others continue to serve the infrastructure involved in deploying these innovative solutions. Either way, it is important to look at what’s driving these stocks.
We decided to take a look at the top 10 mid-cap IT stocks that are outperforming the market in 2025. To come up with our list, we only considered stocks with a market cap of at least $10 billion with the highest return since the start of the year.
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Ingram Micro Holdings Corporation (NYSE:INGM)
Ingram Micro Holdings Corporation provides technology solutions and services to resellers, retailers, and vendors. It offers third-party cloud-based services, client and endpoint solutions, and other products and services. The stock is up 22% this year and has a lot going its way.
INGM stock is doing well because of a number of reasons. For starters, the company announces its earnings report this week and analysts believe the Wall Street estimates are conservative and will be easily crushed. Morgan Stanley recently echoed this sentiment and moved the stock’s price target from $25 to $27.
Another tailwind for the stock is the improving business outlook for small and medium enterprises. INGM’s business is skewed towards businesses that require its hardware and OC, servers, and storage requirements aren’t going down anytime soon. Companies across the country are expected to up their IT budgets by 5% in 2025 and firms like Ingram are expected to reap the benefits.
The company should continue to roll out its digital offerings as the year progresses but some catalysts that could really improve investor returns include the possibility of dividend payouts and improving PC demand. Investors just need to be careful with the volatility though as INGM is a relatively new company on the stock market and with each passing quarter, investor sentiment is likely to fluctuate big time.
Overall, INGM ranks 3rd on our list of mid-cap IT stocks outperforming the market in 2025. While we acknowledge the potential of INGM as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as INGM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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