Oppenheimer Updates Its 50-Stock Small- and Mid-Cap Buy List

Oppenheimer updated its list of 50 small- and mid-cap stocks rated as buys on Oct. 26, with nine companies named among the latest additions to a roster covering 10 sectors.

The companies are Permian Resources, James Hardie Industries, SS&C Technologies, Watts Water Technologies, SharkNinja, Nurix Therapeutics, Rubrik, Bentley Systems and Dropbox. The sectors include energy, materials, industrials, consumer, health care, financials, real estate, technology, communication services and utilities.

Oppenheimer uses technical analysis and a market- and sector-neutral approach to select stocks. Its Momentum Overlay score ranks stocks from 1 to 5 using risk-adjusted returns over six, nine and 12 months, excluding the most recent month. A score of 1 is strongest and informs inclusion on the list.

The update follows a separate October revision to Oppenheimer’s large-cap Buy list, which added payment networks and an insurer while removing major banks, including Bank of America.