5 Best Space Stocks to Buy According to Wall Street Analysts

4. HEICO Corporation (NYSE:HEI)

Number of Hedge Fund Holders: 46  

Upside Potential as of December 23: 27%

HEICO Corporation (NYSE:HEI) markets electronics products for the aerospace industry and is headquartered in Florida. On December 20, investment advisory Truist maintained a Buy rating on HEICO Corporation (NYSE:HEI) stock and raised the price target to $229 from $190, noting that improving defense sales would drive modest organic revenue acceleration for the firm as the commercial aero aftermarket also provided tailwinds to operations.

Among the hedge funds being tracked by Insider Monkey, China-based investment firm Gobi Capital is a leading shareholder in HEICO Corporation (NYSE:HEI) with 524,706 shares worth more than $67 million.