15 High Growth Mid-Cap Stocks to Buy

12. Palomar Holdings, Inc. (NASDAQ:PLMR)

Number of Hedge Fund Holders: 30

Market Capitalization: $3.40 billion

Revenue Growth (5Y): 37.08%

Palomar Holdings, Inc. (NASDAQ:PLMR) is among the best high growth stocks.

The Fly reported on January 7 that JPMorgan raised the PLMR price target to $155 from $145 while maintaining an Overweight rating. As part of its 2026 perspective, the firm revised its goals for the property and liability insurance industry. The analyst stated in his research note that although P&C fundamentals are getting worse, pricing, margin, and growth concerns seem to be mostly priced in.

Previously, on January 6, Keefe, Bruyette & Woods raised its price target on Palomar Holdings, Inc. (NASDAQ:PLMR) to $171 from $170 and reiterated an Outperform rating.

Palomar Holdings, Inc. (NASDAQ:PLMR) is a specialty insurance company focused on property and casualty products, including earthquake, inland marine, and excess and surplus lines. The company leverages data-driven underwriting and disciplined risk management to deliver profitable growth while serving niche markets underserved by traditional insurers.