5 Best Mid Cap Value Stocks to Buy in 2026

​4. Allison Transmission Holdings, Inc. (NYSE:ALSN)

Number of Hedge Fund Holders: 41

Allison Transmission Holdings, Inc. (NYSE:ALSN) is one of the Best Mid Cap Value Stocks to Buy in 2026. On March 10, Allison Transmission Holdings, Inc. (NYSE:ALSN) announced a significant expansion of its long-standing partnership with Daimler Truck North America LLC.

​The expansion will bring two new Allison transmission options into DTNA’s popular Freightliner M2 106 Plus medium-duty truck, targeting regional hauling, tractors, and vocational uses. The additions include Allison 3414 Regional Haul Series with Cummins X10 diesel engine and Allison 9-Speed with Cummins B6.7 Octane gasoline engine.

​Management noted that the 3414 Regional Haul Series is a lighter automatic transmission that boosts acceleration by 25% over competitor automated manuals. Production for this is expected to start in January 2027. On the other hand, Allison 9-Speed is focused on smooth shifts, balanced torque, and fuel efficiency for gasoline-powered fleets facing stricter regulations. Allison 9-Speed is expected to enter the production phase in July 2026.

​Allison Transmission Holdings, Inc. (NYSE:ALSN) designs, manufactures, and sells fully automatic transmissions and electrified propulsion systems for medium- and heavy-duty commercial vehicles, defense applications, and off-highway equipment.