24 Small Cap Stocks Just Made New 52-Week Highs
As of Wednesday, October 28, there are 24 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 $9.8 billion in market value, GitLab (GTLB) is the largest company on the list; its stock is up 24.1% over the past month and up 19.5% over the past year. Health Care contributed the most names, 11 of the 24. For context, the S&P 500 is up 1.0% over the past month, including dividends.
The Biggest Names On The List
The table below shows the 10 largest of the 24 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| GTLB | $9.8 Bil | 2.0% | 4.5% | 24.1% | 19.5% |
| HNGE | $9.1 Bil | 1.2% | 2.9% | 21.1% | 131.2% |
| ETSY | $8.7 Bil | 5.4% | 5.9% | 33.3% | 22.2% |
| PACS | $7.8 Bil | 2.5% | 4.9% | 16.1% | 289.4% |
| KNSA | $7.4 Bil | 6.7% | 19.4% | 25.7% | 134.4% |
| BLCO | $7.3 Bil | 15.8% | 18.7% | 19.0% | 32.7% |
| NIQ | $5.9 Bil | 1.4% | 5.2% | 15.5% | 45.3% |
| TENB | $5.4 Bil | 0.1% | 19.8% | 39.2% | 61.6% |
| LFST | $5.1 Bil | 2.2% | 8.6% | 12.6% | 162.0% |
| HTFL | $5.1 Bil | 2.2% | 5.9% | 18.6% | 54.1% |
Strong Prices, But How Strong Are The Businesses?
GitLab (GTLB) grew revenue 23.0% over the last twelve months and posted an operating margin of -8.5%.
Hinge Health (HNGE) grew revenue 49.8% over the last twelve months and earned an operating margin of 13.0%.
Across the list, one-month moves range from +4.1% for Innospec (IOSP) to +39.2% for Tenable (TENB).
The median stock on the list is up 67.6% over the past year.
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.
New Highs Fade. Discipline Compounds
Some of the names on this list will keep setting highs for years, and some are at the top of their run right now. Sorting one from the other, name by name, every day, is the work most investors never keep up with.
That sorting is what the Trefis High Quality (HQ) Portfolio does systematically: about 30 quality businesses screened for the fundamentals that sustain a run, held with rules instead of excitement. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Use the high list for ideas; use the portfolio for the compounding.