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Space Stocks To Follow Now - October 23rd

SpaceX logo with Communication Services background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat’s space-stock screener highlights five companies: SpaceX (SPCX), GE Aerospace (GE), Boeing (BA), Lockheed Martin (LMT), and Howmet Aerospace (HWM), based on their recent dollar trading volume.
  • The companies provide exposure to different parts of the space and aerospace industries, including launch services, satellite communications, aircraft and spacecraft manufacturing, defense systems, propulsion, and advanced aerospace components.
  • Investors should weigh the commercial space sector’s growth potential against high volatility, substantial capital requirements, regulatory risks, and uncertain profitability.
  • MarketBeat All Access makes it easier to follow SpaceX with alerts, analyst ratings, and deeper research — now $149 a year with your rate locked in.

SpaceX, GE Aerospace, Boeing, Lockheed Martin, and Howmet Aerospace are the five Space stocks to watch today, according to MarketBeat's stock screener tool. “Space stocks” are publicly traded companies whose businesses are involved in the space industry, including satellite communications, launch services, spacecraft manufacturing, Earth observation, and related technologies. For stock market investors, they represent exposure to the potential growth of the commercial space sector, but may also carry high volatility, substantial capital needs, regulatory risks, and uncertain profitability. 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

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

Howmet Aerospace (HWM)

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.

Read Our Latest Research Report on HWM

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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.

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