Need a Catch-Up Trade? RBC's Calvasina Likes Mid-Caps

The video discusses the current market sentiment, dismissing the notion of a bear market and highlighting a recovery trend since last October. It emphasizes the potential in midcap and small cap stocks, noting their undervaluation compared to mega caps and the opportunity for growth if a recovery continues into 2024.

What is the speaker's stance on the concept of a bear market rally?

• The speaker fully supports it.

• The speaker is skeptical and does not believe in it.

• The speaker believes it is a temporary phase.

• The speaker is undecided.

According to Ben Laidler, what is the current focus away from the 7 chosen stocks?

• Mega caps

• Midcaps

• Small caps

• Large caps

What is the potential benefit of midcaps in a recovery mode?

• They tend to decline.

• They remain stable.

• They tend to benefit and show growth.

• They tend to underperform.

How do midcaps compare to mega caps in terms of valuation?

• Midcaps are less stable.

• Midcaps are more expensive.

• Midcaps are cheaper.

• Midcaps have the same valuation.

What is the expected outcome for midcaps if a recovery occurs in 2024?

• They will decline.

• They will become overvalued.

• They will remain unchanged.

• They will have more upside potential.