BigBear.AI (BBAI) Rallies 16%. Here’s Why

We recently published As Wall Street Roars, These 10 Stocks Outshine. BigBear.ai Holdings, Inc. (NYSE:BBAI) is one of last week’s top performers.

BigBear extended its winning streak to a third straight day on Monday, jumping 16.27 percent to close at $6.79 apiece, tracking a broader market rally.

Earlier this month, BigBear.ai Holdings, Inc. (NYSE:BBAI) announced the official deployment of its biometric software for Enhanced Passenger Processing (EPP) at  12 key international airports and ports of entry in the United States and Canada.

These include Charlotte Douglas International Airport (CLT), Chicago International Airport (ORD), Cross Border Xpress (CBX), Dallas Fort Worth International Airport (DFW), and Denver International Airport (DEN), among others.

“Deploying Enhanced Passenger Processing at scale requires near seamless integration of advanced biometrics, AI, and operational infrastructure—this is where BigBear.ai excels,” said BigBear.ai Holdings, Inc. (NYSE:BBAI) CEO Kevin McAleenan.

BigBear.AI (BBAI) Rallies 16%. Here's Why

A closeup of a computer server rack surrounded by a CAT5 network of cables.

“We are proud to support international airports, seaports, and US Customs and Border Protection (CBP) in transforming the security and safety for travelers, while elevating the passenger experience through AI-powered innovation,” he added.

While we acknowledge the potential of BBAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.