5 Best Up and Coming Stocks with Highest Upside Potential

2. ESAB Corp. (NYSE:ESAB)

Average Upside Potential: 44.76%

ESAB Corp. (NYSE:ESAB) is one of the best up and coming stocks with highest upside potential. On April 2, ESAB appointed R. Brent Jones as Chief Financial Officer, effective in early May. Jones, a highly experienced executive with over 30 years of financial leadership, succeeds Kevin Johnson, who is departing to join a private firm. Jones previously served as CFO for global organizations such as Avantor and Pall Corporation, and his background includes work in investment banking and corporate law.

In tandem with the leadership change, ESAB reaffirmed its full-year 2026 financial outlook, which was originally issued in February. Despite recent geopolitical volatility, the company remains confident in achieving its core organic sales growth targets. CEO Shyam P. Kambeyanda noted that Jones’s history of navigating international financial environments and delivering value through organic and inorganic growth will be instrumental in accelerating ESAB’s 2028 strategic plans.

Prior to joining ESAB Corp. (NYSE:ESAB), Jones led the global finance organization at Avantor and directed commercial finance and operations at LifeScan. His early career is marked by high-stakes capital markets experience, including overseeing the $13.8 billion sale of Pall Corporation to Danaher.

ESAB Corp. (NYSE:ESAB) is an industrial compounder that manufactures and supplies consumable products and equipment. These include cutting material, consumables & gas controlling solutions, and welding equipment. The company also offers software and digital solutions to enhance productivity and enable remote monitoring of welding operations.