10 Best Young Stocks to Buy Right Now

8. Amentum Holdings Inc. (NYSE:AMTM)

Amentum Holdings Inc. (NYSE:AMTM) is one of the best young stocks to buy right now. On April 7, Amentum was awarded a $425 million contract by the California Department of Forestry and Fire Protection to provide aerial firefighting support. The agreement features an initial 3-year term with 2 additional option years. Under this partnership, Amentum will manage the training, scheduling, and mobilization of a specialized workforce to protect California’s environment and infrastructure.

The contract tasks Amentum with delivering comprehensive aviation expertise, including the deployment of 350 elite pilots and mechanics. The company will use advanced technical solutions, such as AI-driven predictive maintenance and overhaul services, to ensure the state’s specialized aircraft fleet remains operational. These efforts are designed to support firefighting capabilities as California faces an increasingly year-round wildfire crisis.

According to Dr. Karl Spinnenweber, president of Amentum’s Mission Solutions business, the company’s logistics and deployment expertise will help safeguard the state’s communities and economy. Amentum Holdings Inc.’s (NYSE:AMTM) role involves ensuring that crews and aircraft are ready for immediate deployment for vital operations. This mission focuses on maintaining constant readiness to address the growing dangers and complexity of modern fire seasons.

Amentum Holdings Inc. (NYSE:AMTM) is a business services company that specializes in engineering and technology solutions through two segments: Digital Solutions and Global Engineering Solutions.