13 Best New Stocks to Buy Now

Page 6 of 12

7. Rubrik Inc. (NYSE:RBRK)

Number of Hedge Fund Holders: 45

Rubrik Inc. (NYSE:RBRK) is one of the best new stocks to buy now. On June 30, Rubrik announced that Gartner recognized it as a Leader and positioned it furthest in Vision within the 2025 Magic Quadrant for Backup and Data Protection Platforms. This marks the 6th consecutive year Rubrik has been named a Leader in this report.

The announcement follows Rubrik’s recent agreement to acquire Predibase, which would accelerate the adoption of agentic AI. The CEO, Chairman, and Co-founder of Rubrik, Bipul Sinha, believes that Rubrik’s positioning as a Leader in the Gartner Magic Quadrant validates its approach to cyber resilience across cloud, SaaS, and on-premises data. He also noted the company’s commitment to protecting customer data, enabling secure GenAI innovation, and safeguarding 6,000+ organizations worldwide.

According to Gartner’s report, vendors in the backup and data protection platforms market are enhancing their offerings to improve enterprise data protection. By 2029, 75% of enterprises are expected to use a common solution for backup & recovery of on-premises & cloud data, 80% of enterprises will backup of SaaS applications as a requirement, 95% of backup & data protection platforms products are projected to include embedded technology to detect & identify cyberthreats, 90% of these products are expected to integrate GenAI, and 35% of enterprises will implement agentic AI capabilities for autonomous backup operations.

Rubrik Inc. (NYSE:RBRK) provides data security solutions to individuals and businesses worldwide.

Page 6 of 12