12 Best Most Active Stocks to Buy Now

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7. BigBear.ai Holdings, Inc. (NYSE:BBAI)

Number of Hedge Fund Holders: 13  

Average Volume: 71.89 million

BigBear.ai Holdings, Inc. (NYSE:BBAI) is a provider of artificial intelligence (AI)-powered decision intelligence solutions for national security, supply chain management and digital identity. For the third quarter of 2024, the company’s revenue increased 22.1% to $41.5 million compared to $34 million for the third quarter of the previous year. In February, the company secured a contract from the Department of Defense (DoD) Chief Digital and Artificial Intelligence Office (CDAO). The contract aims to enhance the firm’s Virtual Anticipation Network (VANE) prototype, using custom AI models to help US defense officials analyze news from potential foreign adversaries. Ryan Legge, President of National Security at BigBear.ai, stated that by advancing VANE within CDAO, the firm is preparing warfighters with sophisticated intelligence capabilities to gather critical foreign insights.

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