Top 5 Stock Picks of Jose Fernandez’s Stepstone Group

4. Rocket Lab USA, Inc. (NASDAQ:RKLB)

Stepstone’s Stake Value: $80.453 million

Number of Hedge Fund Holders: 19

Rocket Lab USA, Inc. (NASDAQ:RKLB) is a major aerospace manufacturer, in addition to providing launch services. Rocket Lab USA, Inc. (NASDAQ:RKLB) currently provides lightweight orbital rockets, which then launch satellites into space.

Rocket Lab USA, Inc. (NASDAQ:RKLB) has currently been in the news for being responsible for the first lunar mission from New Zealand, which took place on June 28. While Rocket Lab USA, Inc. (NASDAQ:RKLB) is a small company and is currently operating at a loss, it still nurtures major ambitions to provide competition to Elon Musk’s SpaceX.