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Best Space Stocks To Follow Now - November 1st

SpaceX logo with Communication Services background
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Key Points

  • SpaceX, GE Aerospace, Boeing, RTX, and Lockheed Martin are identified as the five space-related stocks with the highest recent dollar trading volume.
  • The companies provide exposure to areas including satellite communications, launch services, spacecraft and aircraft manufacturing, defense, and space systems.
  • Investors should note that space stocks can be highly volatile because of technological, regulatory, financing, and execution risks.
  • Five stocks to consider instead of SpaceX.

SpaceX, GE Aerospace, Boeing, RTX, and Lockheed Martin are the five Space stocks to watch today, according to MarketBeat's stock screener tool. Space stocks are shares of publicly traded companies involved in the space industry, including satellite communications, launch services, spacecraft manufacturing, Earth observation, and related technologies. Investors use them to gain exposure to the potential growth of the commercial space economy, but these stocks can be highly volatile due to technological, regulatory, financing, and execution risks. These companies had the highest dollar trading volume of any Space stocks within the last several days.

SpaceX (SPCX)

Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars. To do this, we have formed the most ambitious, vertically integrated innovation engine on (and off) Earth with unmatched capabilities to rapidly manufacture and launch space-based communications that connect the world, to harness the Sun to power a truth-seeking artificial intelligence that advances scientific discovery, and ultimately to build a base on the Moon and cities on other planets.

Read Our Latest Research Report on SPCX

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

Read Our Latest Research Report on GE

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

Read Our Latest Research Report on BA

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

Read Our Latest Research Report on RTX

Lockheed Martin (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

Read Our Latest Research Report on LMT

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Should You Invest $1,000 in SpaceX Right Now?

Before you consider SpaceX, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SpaceX wasn't on the list.

While SpaceX currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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