As megacap valuations remain stretched, more investors are looking to small- and mid- cap companies for growth exposure.
Concentration risk has emerged as a dominant threat to portfolios this year. Even as geopolitical tensions show signs of cooling under a potential U.S.-Iran deal, market crowding remains a top concern.
SMID's Q1 profit tumbles due to the absence of large special barrier rental projects that boosted the prior-year period, though product sales jump 29% y/y on strong infrastructure demand.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Kevin Kroskey True Wealth Design LLC | 1 | $32 | $29.14 | -$2.86 | -8.94% |
Mark Schafer Police & Firemen's Retirement System of New Jersey | 1,040 | $46,238 | $30,170.4 | -$16,067.6 | -34.75% |
| Construction Materials Industry | Materials Sector | Ashley Smith CEO | NASDAQ (CM) Exchange | 832156103 CUSIP |
| US Country | 179 Employees | 3 Jan 2020 Last Dividend | - Last Split | 13 Dec 1995 IPO Date |
Founded in 1960 and based in Midland, Virginia, Smith-Midland Corporation operates through its subsidiaries to bring innovative solutions to the construction, highway, utilities, and farming industries. Specializing in the invention, development, manufacture, marketing, leasing, licensing, sale, and installation of precast concrete products and systems, the company has established itself as a leader in its field. It markets its products primarily to contractors involved in public and private construction projects, including commercial buildings, roads, highways, airports, and municipal utilities. In addition, federal, state, and local transportation authorities form a significant part of their clientele. Smith-Midland Corporation holds several proprietary products that it licenses not only in the United States but also in Canada, Australia, Belgium, Mexico, New Zealand, and Trinidad, emphasizing its global footprint in the industry.