Forbes America’s Most Successful Mid-Cap Companies 2025 List
The promise of artificial intelligence has been one of the primary forces behind this year’s stock market rally, and trillion-dollar companies like Nvidia haven’t been the only beneficiaries. Electrical engineering firms like Powell Industries and IES Holdings have multiplied in value by providing the power for data centers that are critical to running AI applications.
Those two stocks are at the top of Forbes’ annual list of America’s Most Successful Mid-Cap Companies among 100 of this year’s standouts. The S&P MidCap 400 has posted an 18% gain in 2024, lagging the S&P 500 index by nine percentage points, as large caps’ continued dominance has created the largest valuation gaps between the biggest companies and the rest of…
