Mid-cap

Bentley Systems builds software for designing and managing infrastructure such as roads, utilities, and industrial assets. Recurring revenue, high margins, and rising cash flow make it a distinctive software business tied to long-term infrastructure modernization.

ACM Research makes semiconductor manufacturing equipment used in wafer cleaning, plating, packaging, and related process steps. Rapid revenue expansion, solid margins, and rising presence in China make it a notable semiconductor equipment company worth closer analysis.

AAC Technologies makes key components for smartphones and other electronics, with growing exposure to optics, haptics, and precision parts. Recent results show a strong rebound in revenue, earnings, and cash generation, while valuation remains less demanding than many tech peers.