Terry Shaunessy iShares S&P US Mid-Cap Index XMC-T TOP PICK Dec 16, 2016

He likes that this has a bit more focus on the domestic US economy, over the S&P 500. Roughly 40%-45% of the S&P 500 sales come from outside of the US, whereas this one is almost 100% domestic. Earnings growth is expected to be pretty fast, somewhere around 11%-12%. That is based on 5% growth in sales, so there is a 2 for 1 leverage on sales to earnings growth. Thinks the 5% sales growth is too low, and it is going to be more like 7%-8%, which means you could get 16%-18% earnings growth. Technology is about 17% of this index, but it is technology, not Internet services. It has 17% financials, mostly community banks.