5 Best Space Stocks To Invest In According To Hedge Funds

3. Northrop Grumman Corporation (NYSE:NOC)

Number of Hedge Fund Investors in Q4 2022: 49

Northrop Grumman Corporation (NYSE:NOC) is an American company and another crucial player in the space industry. It is responsible for having made the James Webb telescope, the solid rocket boosters for the SLS rocket, and a cargo spacecraft for NASA.

Insider Monkey took a look at 943 hedge funds for their December quarter of 2022 investments and found out that 49 had bought Northrop Grumman Corporation (NYSE:NOC)’s shares. The firm’s largest investor in our database is Rajiv Jain’s GQG Partners which owns 784,927 shares that are worth $428 million.

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