12 Small Cap Stocks Just Made New 52-Week Highs
As of Friday, October 2, there are 12 Small Cap US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week highs. Small Cap here means a market value between $2 billion and $10 billion, the upper figure excluded.
At about $8.8 billion in market value, Avnet (AVT) is the largest company on the list; its stock is up 19.3% over the past month and up 109.1% over the past year. For context, the S&P 500 is up 0.8% over the past month, including dividends.
The Biggest Names On The List
The table below shows the 10 largest of the 12 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| AVT | $8.8 Bil | 4.6% | 3.7% | 19.3% | 109.1% |
| S | $8.6 Bil | 1.6% | 12.0% | 27.3% | 43.8% |
| SLAB | $7.4 Bil | 0.1% | 0.7% | 1.1% | 70.3% |
| MSM | $7.3 Bil | 1.3% | 7.3% | 11.7% | 48.0% |
| MTRN | $6.5 Bil | 9.5% | 17.8% | 31.2% | 155.5% |
| INSW | $5.7 Bil | 1.1% | 9.6% | 20.3% | 192.6% |
| CVI | $5.5 Bil | 0.9% | 6.4% | 27.7% | 50.9% |
| CHEF | $4.5 Bil | 3.4% | 5.6% | 2.6% | 113.2% |
| DHT | $3.8 Bil | 0.5% | 8.7% | 18.0% | 129.5% |
| CDNA | $3.5 Bil | 1.4% | 5.4% | 35.4% | 347.7% |
What Sits Behind The Biggest New Highs?
Avnet (AVT) trades at 26.3 times trailing earnings, grew revenue 24.5% over the last twelve months and earned an operating margin of 3.1%.
SentinelOne (S) grew revenue 21.1% over the last twelve months and posted an operating margin of -26.9%.
Across the list, one-month moves range from +1.1% for Silicon Laboratories (SLAB) to +37.0% for Lindblad Expeditions (LIND).
Over the past year, the median name here is up 111.1%.
A new high tells you what the market already believes. The harder question is which of these runs management itself is underwriting. Our Guidance Momentum screen tracks exactly that: stocks where the company raised its own forward numbers.
Strength Is A Clue. It Is Not A Plan
A stock at its 52-week high has momentum on its side, and momentum is a real force. It is also the most crowded signal in the market, and what separates a run that lasts from one that tops is usually the business underneath.
Checking that business, across thousands of names, is how the Trefis High Quality (HQ) Portfolio is assembled: roughly 30 companies that pass the quality screens, rebalanced on rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Let the highs point; let the discipline decide.