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2 Fast-Growing Industrial Mid-Cap Stocks to Buy Now

TheMotleyFool

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2 Fast-Growing Industrial Mid-Cap Stocks to Buy Now: https://g.foolcdn.com/editorial/images/877604/electrician-fixing-wiring-fuse-box-1.jpg

Mid-cap stocks MYR Group (NASDAQ: MYRG) and VSE Corporation (NASDAQ: VSEC) operate in completely different industrial sectors, with MYR Group focusing on electrical contracting and VSE on aviation aftermarket services.

However, they are fundamentally cut from the same cloth, as they rely heavily on recurring, non-discretionary service revenue. Utilities must maintain the grid, and that's where MYR comes in. Planes must be serviced to remain airworthy, which is how VSE generates income.

As of July 6, VSE's shares are up more than 38% this year, and MYR's shares are up more than 102%. Here are three reasons why I still like each of these pick-and-shovel stocks.

Source Fool.com

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