BUZZ-UK Small/Mid: JPM backs earnings diversification & resilient growth
** JPMorgan (LSE: JPIU.L - news) says achieving outperformance in UK small and mid cap equities will become increasingly challenging in the months ahead
** Broker says as an asset class, small and mid caps are more leveraged to the domestic economy than their larger brethren & can expect to see earnings more acutely impacted by any future economic disappointment in the UK
** Broker prefers quality UK-based companies with earnings diversification and a resilient growth trajectory; identifies eight UK small/mid caps set to outperform over next 12 months and add DS Smith (Frankfurt: 877238 - news) to its European focus list ** BBA Aviation (LSE: BBA.L - news) , Cineworld, Clarkson , D S Smith, Hollywood Bowl (LSE: BOWL.L - news) , Laird (Other OTC: LARRF - news) , National Express (Frankfurt: 888871 - news) and Sophos are JPM's key overweights