Pieter Stalenhoef is the former consumer, media, and healthcare analyst for Wells Fargo Global Opportunities Fund. In this role, he was responsible for analyzing global small and mid-cap stocks. Small-cap stocks, he explains, refer to companies with a market value of less than $2 billion, while mid-cap companies are those valued between $2 and $10 billion. However, these classifications are subject to change based on the market.
Pieter Stalenhoef says that mid-cap stocks attract investors as they are generally on an upward trajectory and are likely to increase profits, productivity, and market share. Besides that, they are not as risky as small-cap stocks but do carry a greater risk than large-caps. However, as they offer stability, they are definitely crucial as part of a well-diversified portfolio. They are typically focused on one specific market and have been in business long enough to cement their status. Plus, they have a potential for growth through mergers and acquisitions or investment in capital equipment as well.
About Pieter Stalenhoef
Pieter Stalenhoef is an aspiring novelist who is currently working for Highland Financial Group, Wellesley Hills, Massachusetts, as a Financial Planner. He is a Bachelor in Business Administration from the University of Vermont and a Master of Investment Management from Boston University. He has been a member of the Boston Security Analysts Society for more than 18 years now. In addition to that, Pieter has also made an appearance on Barron's Magazine for his interviews about Femsa, a Mexican convenience store chain, and MBT, a Russian telecom company.