11 Best Industrial Stocks to Buy Right Now

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5. Northrop Grumman Corporation (NYSE:NOC)

Year to Date Return as of June 20: 5.69%

Number of Hedge Fund Holders: 54

Northrop Grumman Corporation (NYSE:NOC) is one of the 11 best industrial stocks to buy right now. On June 18, the company announced it is broadening its use of Nvidia technology to advance its space solutions. While focusing on AI applications for spacecraft operations, the company will integrate space applications into the NVIDIA Omniverse simulation platform.

Northrop will also utilize NVIDIA Isaac Lab to develop artificial intelligence capabilities for cognitive spacecraft operations. Using Nvidia’s technology, the company hopes to create end-to-end AI robotics technology that enables operations in complex environments. It also plans to implement agentic AI throughout spacecraft operations.

Along with end-to-end robotics, Northrop Grumman will use agentic AI to create and carry out spacecraft instructions and mission plans at every stage of spacecraft operations. The development of advanced AI solutions is expected to enable new mission capabilities while strengthening Northrop Grumman’s position as an aerospace and defense technology leader.

Northrop Grumman Corporation (NYSE:NOC) is a global aerospace and defense technology company. It focuses on pioneering technologies and solving complex problems in space, aeronautics, defense, and cyberspace to advance international security and human discovery.

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