36 Small Cap Stocks Hit 52-Week Highs On Friday
As of Friday, October 23, there are 36 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.
Netskope (NTSK), with a market value of about $9.8 billion, is the largest company on the list; its stock is up 30.7% over the past month and up 11.4% over the past year. By sector, Information Technology leads the list with 18 of the 36 names. For context, the S&P 500 is down 1.0% over the past month, including dividends.
The Biggest Names On The List
The table below shows the 10 largest of the 36 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| NTSK | $9.8 Bil | 9.4% | 27.8% | 30.7% | 11.4% |
| GTLB | $9.5 Bil | 3.2% | 6.7% | 15.8% | 17.0% |
| CHRD | $8.9 Bil | 5.1% | 2.3% | 12.9% | 85.0% |
| DBX | $8.5 Bil | 0.9% | 6.4% | 15.8% | 29.2% |
| MORN | $8.5 Bil | 0.7% | 8.4% | 14.8% | 3.4% |
| QLYS | $7.6 Bil | 4.1% | 19.7% | 18.5% | 69.0% |
| RNG | $7.0 Bil | 5.0% | 10.5% | 4.5% | 191.8% |
| MUR | $6.4 Bil | 4.6% | 6.2% | 18.6% | 68.6% |
| SAIC | $6.2 Bil | 1.5% | 9.5% | 10.4% | 50.5% |
| BKH | $6.0 Bil | 0.1% | 3.6% | 13.6% | 26.4% |
The Businesses Behind The Largest New Highs
Netskope (NTSK) grew revenue 30.4% over the last twelve months and posted an operating margin of -94.7%.
GitLab (GTLB) grew revenue 23.0% over the last twelve months and posted an operating margin of -8.5%.
Across the list, one-month moves range from +1.4% for LTC Properties (LTC) to +86.0% for Braze (BRZE).
Over the past year, the median name here is up 39.7%.
Before chasing any name on this list, ask what the company itself expects next. Our Guidance Momentum screen surfaces the stocks whose managements just raised their own outlooks.
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.