Four Small Cap Value Stocks Which Could Surge in 2017

Seeking a smart small-cap value stock? Try Amber Road, Northwest Pipe, Atlas Air or Tristate Capital.
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Shares of Amber Road (AMBR) - Get Report are up almost 90% thus far in 2016, but the cloud-based logistics company could still climb higher, said Bill Hench, portfolio manager for the Royce Opportunity Fund (RYPNX) - Get Report . Hench is also bullish on Northwest Pipe (NWPX) - Get Report , up 10% year-to-date, saying the steel tube-maker is a "pure play" on U.S. infrastructure. Atlas Air Worldwide (AAWW) - Get Report , up 1.4% year-to-date, is another one of Hench's top picks. He said the global transportation provider will benefit from its recent alliance with Amazon (AMZN) - Get Report . Under a long-term commercial agreement, AAWW's Titan Aviation leasing unit will dry lease 20 B767-300 freighters to Amazon. Its airline subsidiary, Atlas Air, will also operate the aircraft on a crew, maintenance and insurance basis. Finally, Hench is a fan of Pittsburgh-based Tristate Capital Holdings (TSC) - Get Report , which has seen its shares rise 18% thus far in 2016, far outperforming the rest of the financial sector.