The mid-cap growth fund manager shared what qualities she's looking for in stocks.
However, the mid-cap growth fund she's managed since 2001 is still a top-7% performer in the last 15 years, according to Morningstar.
There's 'magic' to be found in mid-cap growthBut while elevated interest rates aren't kind to stocks, Scott still sees opportunities in many mid-sized companies.
Within mid caps, Scott tends to tilt toward growth-focused companies, specifically those with sound business models that are profitable and have abundant cash flow.
Instead of investing in so-called "bleeding edge" growth stocks, Scott said she prefers steady, reliable compounders.
Persons:
Kimberly Scott, she's, we've, Scott, Morningstar, we're
Organizations:
Delaware Ivy, Growth, Federal, Growth Fund