10 Best Upside Stocks to Buy According to Hedge Funds

7. AECOM (NYSE:ACM)

Average Upside Potential: 48.12%

Number of Hedge Fund Holders: 49

AECOM (NYSE:ACM) is one of the best upside stocks to buy according to hedge funds. On June 22, AECOM was appointed to the UK Government Commercial Agency’s $4.7 billion Construction Professional Services 2/CPS2 framework. This 4-year agreement serves as a primary procurement route for public sector projects, including social infrastructure, energy, and defense. Having been a participant in the original 2021 iteration, AECOM significantly expanded its role by securing positions on nine framework lots, up from five in the previous version.

The new appointment allows AECOM to provide multidisciplinary technical and professional services across a wider range of sectors. Notably, the firm has gained access to newly established lots covering nuclear energy & flood risk, and asset management. These additions complement their existing commitments in general infrastructure, project management, and defense, positioning the company to support central government departments and local authorities on both standalone projects and long-term capital programs.

This expanded partnership underscores AECOM’s growth within the UK public sector market. By embedding wide-ranging expertise into the GCA’s newly integrated procurement structure, the firm aims to address pressing infrastructure challenges while delivering sustained value for taxpayers. The appointment solidifies AECOM’s (NYSE:ACM) role as a trusted partner in navigating the UK’s evolving built environment and large-scale public investment goals.

AECOM (NYSE:ACM) delivers expert infrastructure consulting services to commercial and government organizations. Its services portfolio includes advising and consultation, engineering solutions, construction, and management services. It provides these services to various segments, including transportation, water, energy, and more. It is also involved in developing and investing in real estate ventures.