Somnigroup International Inc. Common Stock (SGI)

Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities. However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.

Bedding manufacturer Somnigroup (NYSESGI) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 3.2% year on year to $1.21 billion. Its non-GAAP profit of $0.60 per share was 6.4% above analysts’ consensus estimates.