10 Best Small Cap Stocks to Buy with Highest Upside Potential 

7. Enerpac Tool Group Corp. (NYSE:EPAC)

Analyst Upside: 39.93%

Enerpac Tool Group Corp. (NYSE:EPAC) is one of the best small cap stocks to buy with the highest upside potential. Roth Capital cut the price target on Enerpac Tool Group Corp. (NYSE:EPAC) to $50 from $51 on July 9 and maintained a Buy rating on the shares. The firm told investors in a research note that the company is in the process of successfully executing its strong organic growth strategy, coupled with the strength of the soon-to-be-acquired S.F.E Group business. The firm added that it sees Enerpac as an excellent investment for those looking to benefit from the growing levels of global infrastructure project activity.

In a separate development, on July 8, Enerpac Tool Group Corp. (NYSE:EPAC) announced late Tuesday its decision to acquire Specialized Fabrication Equipment Group from Gladstone Investment Corp. for ~$472M in cash. The company believes that the acquisition will expand its exposure to higher-growth geographies and end markets.

Enerpac Tool Group Corp. (NYSE:EPAC) is involved in the provision of industrial tools, services, technology, and solutions. The company’s operations are divided into the Industrial Tools and Services and Other segments.