5 Best Aerospace Stocks to Buy Now

3. Lockheed Martin Corp (NYSE:LMT)

No of HFs: 47

Total Value of HF Holdings: $1.66 Billion

The top hedge fund holder of this stock is Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital which had $479 million invested in the stock at the end of September. An insider recently purchased 1,354 shares at around $376 in August 2019. The stock is down 10% since then. LMT was mentioned as one of the Top 10 Earnings Growth Stocks with Dividends for 2021. RiverPark Advisors LLC mentioned LMT in its 1Q 2020 investor letter:

“RingCentral is the largest and fastest growing pure play Unified Communications as a Service (UCaaS) vendor. Traditionally, business communications have been comprised of on-premise hardware-based private branch exchanges (PBX), which primarily support voice-only desktop phones. These systems do not support employees who now communicate from anywhere with any device, using voice, video, text, messaging and social media. UCaaS encompasses solutions addressing all these needs in a capital and labor light model for customers.

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