Smid is a term that refers to a small or mid-sized company, often used in the context of finance and investment. These companies typically have a market capitalization that falls between small-cap and large-cap firms. Investors often look at Smid companies for growth potential, as they can offer opportunities that larger companies may not. Smid investing focuses on a diverse range of sectors and industries, allowing investors to spread their risk. These companies can be more agile and innovative, making them attractive for those seeking to capitalize on emerging trends in the market.