What am I, chopped liver?
Photo illustration / Richard Drew / AP / File
Hello Financial Television, I'm a Mid Cap stock.
No, we haven't met.
Why? I'm not sure.
Us Mid Caps are the the media's forgotten teenagers, watching over the Small Cap babies and constantly being overshadowed by our Large Cap elders. This is bizarre and unfair, because as an asset class, we are up over 250% vs the Big Guy's S&P 500 return of only 100% since 1995.
Show us some respect!
You financial television people have no doubt heard of us but even with roughly 16 hours a day of time to fill, you've scarcely even acknowledged our existence over the years.
Guest after guest, segment after segment, of McDonalds and Intel and Microsoft and 3M and Home Depot and General Electric and IBM and Pfizer and all the other mega caps that, let's face it, hardly need the exposure. It's not like people will forget they exist if you go an hour without discussing them!
Anyway, it's understandable that our little Small Cap brothers and sisters don't get much face time on your networks, after all, small floats are prone to potential manipulation and they aren't widely-owned enough to warrant too much attention.