Space Stocks To Follow Now – May 1st

Rocket Lab, Parker-Hannifin, and AST SpaceMobile are the three Space stocks to watch today, according to MarketBeat’s stock screener tool. Space stocks are publicly traded companies whose primary business is tied to the space industry — including launch providers, satellite manufacturers and operators, space-based communications and Earth-observation firms, component suppliers, and related ground and data services. Investors use the term to group thematic holdings exposed to commercial space opportunities and risks, which often involve long development timelines, heavy capital requirements, and dependence on government contracts and technological/regulatory factors. These companies had the highest dollar trading volume of any Space stocks within the last several days.

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Parker-Hannifin (PH)

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.

AST SpaceMobile (ASTS)