Top 5 Small-Cap Stocks With Highest Upside Potential

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In this piece, we will take a look at the top five small-cap  stocks with the highest upside potential. If you want to find out more about different investment areas and small cap investing in particular, then check out Top 12 Small-Cap Stocks With Highest Upside Potential.

5. Johnson Outdoors Inc. (NASDAQ:JOUT)

Share Price Upside: 87%

Johnson Outdoors Inc. (NASDAQ:JOUT) is a fishing products company that sells a variety of items and equipment such as anchors, sonars, and GPS systems. The shares have a perfect Strong Buy rating and the shares have a massive $51 upside. The firm’s business is tied to the economy and discretionary purchasing powers due to the hobbies of its customers.

After sifting through 943 hedge funds for 2023’s first quarter, Insider Monkey discovered that ten had held Johnson Outdoors Inc. (NASDAQ:JOUT)’s shares. Out of these, the firm’s largest shareholder is Jim Simons’ Renaissance Technologies with a stake of $16.6 million.

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