In this article, we will look at the 11 Hot New Stocks to Invest in Now.
On June 12, Reuters reported that the US IPO market has come to life after a sharp decline since Liberation Day. According to data from Dealogic, as of June 11, 2025, the US IPO market had raised $25.36 billion, surpassing the $18.22 billion and $9.53 billion raised over the same period in 2024 and 2023, respectively. So far this year, the Finance sector has outpaced other sectors in IPO listings by deal value. As of June 10, 2025, the Finance sector had raised around $11.35 billion, surpassing the $5.74 billion raised for technology IPOs and the $2.59 billion raised for oil and gas IPOs. The healthcare sector came in last among the leading sectors with a total of $1.31 billion in deal value as of June 10.
On July 9, Rick Heitzmann, founder and partner of FirstMark Capital, appeared on CNBC Television for an interview to discuss the IPO market. He believes that this is the start of a general acceleration of the IPO market, and M&A is also providing a bit of tension in the market. He noted that the M&A market was strong with around 10 company sales in Q4 and Q1, followed by a complete pause in Q2 2025 due to tariffs. However, now, despite the tariff crosswinds, both the IPO and M&A markets have started to function again.
Heitzmann sees real ROI being driven by AI investments; he also noted that this is the year when the market is seeing the real business impact of AI. He believes that this year, consumer-focused companies, along with crypto and healthcare names, are expected to come out as new IPOs.
With that, let’s take a look at the 11 hot new stocks to invest in now.
A professional businesswoman presenting her online policy distribution, with several graphs on a screen behind her.
Our Methodology
To compile the list of 11 hot new stocks to invest in now, we used the Finviz stock screener and CNN as our sources. Using the screener, we aggregated a list of stocks that have had their IPO during the past 2 years and for which analysts expect more than 30% upside over the next 12 months. Next, we cross-checked the upside potential from CNN and ranked the stocks in ascending order of the number of hedge fund holders, sources from Insider Monkey’s Q1 2025 database. Please note that the data was recorded on July 9, 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11 Hot New Stocks to Invest in Now
11. LandBridge Company LLC (NYSE:LB)
Number of Hedge Fund Holders: 16
Analyst Upside Potential: 34.86%
LandBridge Company LLC (NYSE:LB) is one of the 11 Hot New Stocks to Invest in Now. On June 27, analyst Roger Read of Wells Fargo maintained a Buy rating on LandBridge Company LLC (NYSE:LB) with a price target of $93.
Roger Read recognized that LandBridge Company LLC (NYSE:LB) is known for its distinctive position in the market, with growth prospects that set it apart from peers. The analyst believes that the company’s ability to generate significant free cash flow from surface and subsurface assets is underappreciated by the market. Moreover, its valuation is linked to an Industrial Real Estate Investment Trust, using multiples of adjusted funds from operations. Read believes that this highlights the company’s ability to generate steady cash and investment appeal.
Analyst Read also likes the company’s substantial presence in the Permian Basin, which provides it a competitive edge in water disposal services. The sector is expected to grow alongside increased shale oil production. In addition, LandBridge Company LLC’s (NYSE:LB) extensive land assets position it to benefit from datacenter infrastructure and renewable energy projects.
LandBridge Company LLC (NYSE:LB) owns and actively manages approximately 273,000 surface acres primarily in the Delaware sub-basin of the Permian Basin.
10. BBB Foods Inc. (NYSE:TBBB)
Number of Hedge Fund Holders: 24
Analyst Upside Potential: 34.99%
BBB Foods Inc. (NYSE:TBBB) is one of the 11 Hot New Stocks to Invest in Now. On July 8, Goldman Sachs initiated coverage of BBB Foods Inc. (NYSE:TBBB) with a price target of $29.
The firm noted BBB Foods Inc. (NYSE:TBBB) to be a rare compounder in its Latam Retail coverage universe. Goldman Sachs elaborated that this is also reflected by the company’s current valuation of 91 times its forward earnings.
During the fiscal first quarter of 2025, BBB Foods Inc. (NYSE:TBBB) delivered revenue of $873.81 million, up 14.83% year-over-year and ahead of estimates by $34.29 million. The growth was driven by a 13.5% growth in same-store sales. Notably, the company opened 117 new stores during the quarter to reach 2,889 total stores.
BBB Foods Inc. (NYSE:TBBB) is a Mexican holding company that operates grocery retail stores and distribution centers.
9. Joint Stock Company Kaspi.kz (NASDAQ:KSPI)
Number of Hedge Fund Holders: 35
Analyst Upside Potential: 36.41%
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is one of the 11 Hot New Stocks to Invest in Now. On May 12, Joint Stock Company Kaspi.kz (NASDAQ:KSPI) released its Q1 2025 results, after which Susquehanna analyst James Friedman lowered the firm’s price target on the stock from $140 to $130, while maintaining a Buy rating.
The analyst acknowledged that the company delivered very impressive organic growth and strong results during the first quarter. Joint Stock Company Kaspi.kz (NASDAQ:KSPI) reported growing its revenue by 21% year-over-year and net income by 16% year-over-year. Despite the robust Q1, Friedman noted that the last few weeks of March and April showed signs of slowing momentum. This shift has led to more cautious expectations for the company’s near-term performance.
Therefore, the reduced price target is due to the broader macroeconomic challenges, which are expected to impact Joint Stock Company Kaspi.kz (NASDAQ:KSPI)’s growth trajectory going forward.
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is a leading financial technology company based in Kazakhstan. It provides a wide range of digital services for both retail and business customers.
8. Marex Group plc (NASDAQ:MRX)
Number of Hedge Fund Holders: 22
Analyst Upside Potential: 38.53%
Marex Group plc (NASDAQ:MRX) is one of the 11 Hot New Stocks to Invest in Now. On July 1, Marex Group plc (NASDAQ:MRX) announced the completion of the acquisition of Hamilton Court Group.
Hamilton Court specializes in foreign exchange services, and the deal is said to expand Marex Group plc’s (NASDAQ:MRX) FX business by adding new services and expertise to the company’s platform. The strategic move also aligns with the company’s focus on diversifying its earnings. As a result of this transaction, 170 employees from Hamilton Court will join the company. These employees are based in London, Milan, Madrid, and Toronto.
Marex Group plc (NASDAQ:MRX) is a global financial services company. The company provides liquidity, market access, and infrastructure services across energy, commodities, and financial markets.
7. Concentra Group Holdings Parent, Inc. (NYSE:CON)
Number of Hedge Fund Holders: 33
Analyst Upside Potential: 39.71%
Concentra Group Holdings Parent, Inc. (NYSE:CON) is one of the 11 Hot New Stocks to Invest in Now. On July 1, Concentra Group Holdings Parent, Inc. (NYSE:CON) announced that it will acquire IGM Biosciences, a company that develops special antibody-based medicines.
The deal is set out in a formal merger agreement, where Gibson, Dunn & Crutcher LLP is acting as legal counsel to Concentra. The company will pay $1.247 in cash for each share of IGM Biosciences. Moreover, the shareholders will also receive a “contingent value right”. The Board of Directors of IGM has approved the deal, believing it is in the best interest of the shareholders.
The deal will only close if more than half of the voting shares are tendered and if IGM has at least $82 million in cash after paying all costs and clearing its debt. The transaction is expected to be completed in August 2025.
Concentra Group Holdings Parent, Inc. (NYSE:CON) is one of the largest providers of occupational health services in the United States.
6. ZEEKR Intelligent Technology Holding Limited (NYSE:ZK)
Number of Hedge Fund Holders: 10
Analyst Upside Potential: 45.56%
ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) is one of the 11 Hot New Stocks to Invest in Now. On July 1, ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) provided a delivery update for June 2025.
The company reported delivering 43,102 vehicles across both its Zeekr and Lynk & Co brands. The Zeekr brand delivered 16,702 vehicles, whereas Lynk & Co delivered 26,310 vehicles during the month. Management noted that the company has around 1.99 million cumulative users. ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) has delivered 244,877 vehicles on a year-to-date basis, which reflects a 14.5% year-over-year growth.
Moreover, ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) during the fiscal first quarter of 2025 delivered 19,096 vehicles, up 16.1% year-over-year. The total revenue reached RMB22,019 million, reflecting a 1.1% increase year-over-year. Notably, the gross profits remained strong at RMB4,213 million, reflecting an 18.8% increase during the same time.
ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) develops and sells battery electric vehicles.
5. Birkenstock Holding plc (NYSE:BIRK)
Number of Hedge Fund Holders: 43
Analyst Upside Potential: 51.20%
Birkenstock Holding plc (NYSE:BIRK) is one of the 11 Hot New Stocks to Invest in Now. On June 26, Matthew Boss from J.P. Morgan maintained the Buy rating on Birkenstock Holding plc (NYSE:BIRK) with a price target of $81.
Analyst Boss acknowledged the near-term challenges, including foreign exchange headwinds that affect reported revenue and EBITDA margins. However, he highlighted Birkenstock Holding plc (NYSE:BIRK)’s strong brand heritage and loyal customer base as major strengths. He also noted the company’s strategic distribution approach and expanded production capacity, which are anticipated to drive mid-to-high-teens revenue growth.
In addition, Boss mentioned that the company’s adjusted EBITDA margins are forecasted to remain stable and notably higher than those of global footwear peers. Financially speaking, the analyst finds Birkenstock Holding plc (NYSE:BIRK) showing improvement in interest coverage and a decreasing net debt-to-equity ratio, indicating a solid financial position. He noted maintaining this price target of $81 for December 2025, which is based on an 18x multiple of the estimated 2026 EBITDA, consistent with regression analysis and growth retail averages.
Birkenstock Holding plc (NYSE:BIRK) is an international footwear company known for its anatomically shaped footbed-based products. The company designs and manufactures unisex shoes with a proprietary footbed that supports natural foot anatomy.
4. Pony AI Inc. (NASDAQ:PONY)
Number of Hedge Fund Holders: 13
Analyst Upside Potential: 68.13%
Pony AI Inc. (NASDAQ:PONY) is one of the 11 Hot New Stocks to Invest in Now. On May 21, Allen Chang, an analyst from Goldman Sachs, raised the firm’s price target on Pony AI Inc. (NASDAQ:PONY) from $23.1 to $26, maintaining a Buy rating on the stock.
Analyst Chang likes the company’s leadership in Level 4 autonomous mobility in China. Pony AI Inc. (NASDAQ:PONY) now operates a large fleet of robotaxis and robotrucks in four major tier-1 cities, including Beijing, Shanghai, Guangzhou, and Shenzhen. Chang noted that these cities are the largest ride-hailing markets in China.
In addition, the analyst also noted that the company’s regulatory permits for fully driverless robotaxi services in these cities are a major milestone. The profitability of Pony AI Inc. (NASDAQ:PONY) remains attractive, Chang noted that a major factor in the company is the introduction of generation 7 vehicles. This has improved the company’s unit economics and operational efficiency.
Pony AI Inc. (NASDAQ:PONY) is a technology company that develops and operates autonomous vehicles. It runs three main businesses, including fully driverless robotaxi services, robotruck freight services with safety drivers, and intelligent driving solutions.
3. WeRide Inc. (NASDAQ:WRD)
Number of Hedge Fund Holders: 1
Analyst Upside Potential: 99.15%
WeRide Inc. (NASDAQ:WRD) is one of the 11 Hot New Stocks to Invest in Now. On July 2, WeRide Inc. (NASDAQ:WRD) announced securing the first driverless logistics vehicle Test permit in Guangzhou’s Huangpu district. The company received this approval for its Robovan W5 vehicle.
The Robovan W5 had already received permission to test in another part of Guangzhou, the Nansha District, in April. Earlier in June, Guangzhou’s Development and Huangpu Districts launched a new policy to boost intelligent connected and new energy vehicles. This policy supports the use of autonomous technology in various sectors, including ride-hailing, sanitation, and smart logistics. Soon after, WeRide Inc. (NASDAQ:WRD) received the green light to conduct full-area testing of the Robovan W5 in Huangpu.
WeRide Inc. (NASDAQ:WRD) is an international company that develops and operates autonomous driving technologies. It offers a range of self-driving products, including Robotaxi, Robobus, Robovan, and Robosweepers.
2. Metsera, Inc. (NASDAQ:MTSR)
Number of Hedge Fund Holders: 17
Analyst Upside Potential: 105.84%
Metsera, Inc. (NASDAQ:MTSR) is one of the 11 Hot New Stocks to Invest in Now. On June 22, Metsera, Inc. (NASDAQ:MTSR) presented at the 85th Scientific Sessions of the American Diabetes Association. The company had announced its presentation plan earlier on June 5.
The company showcased its portfolio of therapies, including ultra-long-acting, scalable, and combinable treatments. The main focus was on their lead program, MET-097i, which is a fully biased, monthly, ultra-long acting GLP-1 receptor agonist. Metsera, Inc. (NASDAQ:MTSR) shared clinical data from its Phase 1/2 trial, including body weight changes and tolerability after weekly and monthly doses. Moreover, Metsera, Inc. (NASDAQ:MTSR) also showcased preclinical data on MET-233i, which is an ultra-long-acting amylin analog designed for monthly use.
Metsera, Inc. (NASDAQ:MTSR) is a clinical-stage biopharmaceutical company that focuses on new medicines for obesity and metabolic diseases.
1. Apogee Therapeutics, Inc. (NASDAQ:APGE)
Number of Hedge Fund Holders: 36
Analyst Upside Potential: 160.92%
Apogee Therapeutics, Inc. (NASDAQ:APGE) is one of the 11 Hot New Stocks to Invest in Now. On July 7, analyst Edward Nash of Canaccord Genuity reiterated a Buy rating on Apogee Therapeutics, Inc. (NASDAQ:APGE) with a price target of $89.
The reiterated bullish sentiment comes after the company released promising results from its APEX study for its drug APG777. The drug is an IL-13 monoclonal antibody aimed at treating atopic dermatitis. The Phase II study met its primary and secondary goals, showing a significant reduction in the Eczema Area and Severity Index score, which is a key measure of disease severity. Notably, improvement was seen as early as Week 2, indicating a strong drug effect.
Analyst Nash also highlights the ongoing Part B of the APEX study and expects 52-week maintenance data in early 2026. These data are important for confirming the drug’s long-term benefits and dosing schedule, which could be quarterly to semi-annual.
Apogee Therapeutics, Inc. (NASDAQ:APGE) is a clinical-stage biotech company developing novel biologic drugs for inflammatory and immunology diseases.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
Hedge Fund Resource Center