Citi analysts updated their SMID Value recommendation list of 20 stocks.

These are U.S. buy-rated small- and mid-cap stocks with a market cap between $1-15B. The stocks are selected with a bottom-up fundamental method, considering growth prospects relative to the valuation setup, and health of their balance sheet.

“We look for operating leverage with a resultant impact on profitability,” wrote xx. “We bias toward analyst top picks but maintain flexibility to align buy-rated stocks with our market, sector, and thematic views.”

Additions to the U.S. SMID Value Creators Recommended list include Chewy (CHWY), replacing Unum Group (UNM).

The list has yielded 18.6% year-to-date.

Here is the list, broken down by sector:

Consumer discretionary

• GAP Inc. (GAP) – Price target: 32.00; Price return year-to-date: 3.5%
• RH (RH) – Price target: 355.00; Price return year-to-date: 10.1%
• Chewy (CHWY) – Price target: 40.00; Price return year-to-date: 38.5%

Energy

• Ovintiv (OVV) – Price target: 55.00; Price return year-to-date: 3.4%

Financials

• First Horizon Corp. (FHN) – Price target: 20.00; Price return year-to-date: 46%
• Ally Financial (ALLY) – Price target: 55.00; Price return year-to-date: 4.8%

Health care

• Insulet Corp. (PODD) – Price target: 283.00; Price return year-to-date: 21.3%
• Bruker Corp. (BRKR) – Price target: 75.00; Price return year-to-date: -34.4%

Industrials

• Science Applications International Corp. (SAIC) – Price target: 176.00; Price return year-to-date: -3.2%
• Chart Industries (GTLS) – Price target: 190.00; Price return year-to-date: 23.8%

Information technology

• DocuSign (DOCU) – Price target: 87.00; Price return year-to-date: 33.3%
• Mirion Technologies (MIR) – Price target: 18.00; Price return year-to-date: 59%
• Wix.com (WIX) – Price target: 202.00; Price return year-to-date: 47.8%
• Pegasystems (PEGA) – Price target: 99.00; Price return year-to-date: 75.7%
• Globant (GLOB) – Price target: 251.00; Price return year-to-date: -12.1%

Materials

• Summit Materials (SUM) – Price target: 55.00; Price return year-to-date: 25.9%
• Sealed Air Corp. (SEE) – Price target: 44.00; Price return year-to-date: -2.9%

Real estate

• EastGroup Properties (EGP) – Price target: 210.00; Price return year-to-date: -3.1%

Utilities

• AES Corp. (AES) – Price target: 23.00; Price return year-to-date: -25.6%