On September 15, Tom Sosnoff, Tastylive founder, joined ‘Squawk Box’ on CNBC to discuss the state of the IPO market and what to make of the surge of IPO offerings. Wall Street’s long-anticipated IPO rebound appeared to be firmly underway following a recent surge in sizable public offerings. Sosnoff characterized the current crop of companies as relatively strong and real companies and noted that this vintage is completely different from the surge of SPACs seen in 2021. He suggested these firms had been waiting for the ideal time to go public. He also attributed the strong demand to the attractive pricing for retail investors. However, Sosnoff immediately added a warning and described the market surrounding the new offerings as frothy and the opening numbers as a little bit scary and not that healthy.
Addressing investors who want to get in on the action right away, Sosnoff expressed strong caution. He explained that as an online broker, his firm does not participate in the underwriting process, meaning their customers must buy in the secondary market as soon as trading goes live. He stated that when a stock priced at $32 opens at $110, he would never buy that and suggested that nobody else should either. He noted that many recent stocks are opening at one, two, or three times the IPO price. While he understands that keeping the IPO price low is good for PR, he believes that some retail customers and those attempting to stabilize the stocks are being caught holding the bag.
That being said, we’re here with a list of the 14 best new stocks to buy right now.
Methodology
We sifted through the Finviz stock screener to compile a list of the top companies that went public in the last 2 years. We then selected the 14 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q2 2025.
Note: All data was sourced on September 19.
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).
14 Best New Stocks to Buy Right Now
14. Concentra Group Holdings Parent Inc. (NYSE:CON)
Number of Hedge Fund Holders: 29
Concentra Group Holdings Parent Inc. (NYSE:CON) is one of the best new stocks to buy right now. On September 18, JPMorgan analyst Benjamin Rossi assumed coverage of Concentra with an Overweight rating and unchanged price target of $31. JPMorgan believes that the current outpatient environment is most favorable for companies with lower reimbursement exposure to federal funding.
Earlier in Q2 2025, Concentra Group ended the quarter with total revenue growth of 15.2% year-over-year. Excluding contributions from the Nova acquisition, the revenue growth was 15.2%. The company’s focus on growth through acquisition and internal development continued. Concentra Group completed the integration and rebranding of Nova occupational health centers and opened an additional de novo site in Chattanooga, Tennessee.
Furthermore, the acquisition of Pivot On-site Health Clinics was completed, which doubled the size of their on-site health clinic segment. The total on-site clinic count is now 240, which is expected to contribute approximately $120 million in revenue for 2025. The company also expanded its board of directors with experienced professionals to contribute to future success. Concentra Group raised its 2025 revenue guidance to a range of $2.13 to $2.16 billion.
Concentra Group Holdings Parent Inc. (NYSE:CON) provides occupational health services in the US. The company offers workers’ compensation, employer & consumer health services, and employer-sponsored primary care services.
13. Amentum Holdings Inc. (NYSE:AMTM)
Number of Hedge Fund Holders: 32
Amentum Holdings Inc. (NYSE:AMTM) is one of the best new stocks to buy right now. On September 18, Morgan Stanley raised the firm’s price target on Amentum to $20 from $19, while keeping an Underweight rating on the shares after fine-tuning the firm’s estimates. Prior to this rating, the company also reported its Q3 2025 earnings results, where Amentum made a revenue of $3.561 billion, which was a 66% increase year-over-year.
This growth was attributed to the combination of Jacobs’ Critical Mission Solutions and Cyber & Intelligence/CMS businesses. The company achieved a net income of $10 million, which was an improvement from a net loss of $26 million year-over-year, with a diluted EPS of $0.04, up from a loss per share of $0.29 in 2024.
A review of segment performance shows that Digital Solutions revenues increased 12% year-over-year to $1.421 billion due to new commercial contract awards, which led to a 21% increase in Adjusted EBITDA to $114 million. Conversely, Global Engineering Solutions’ revenues for the quarter decreased 3% to $2.140 billion due to the expected ramp-down of certain programs. The segment’s Adjusted EBITDA saw a corresponding 2% decrease to $160 million.
Amentum Holdings Inc. (NYSE:AMTM) provides engineering and technology solutions to the US and allied government agencies.
Hedge Fund Resource Center