5 Best Aerospace and Defense Stocks to Invest In

2. The Boeing Company (NYSE:BA)

Number of Q3 2023 Hedge Fund Shareholders: 64

The Boeing Company (NYSE:BA) is another aerospace and defense behemoth. It makes satellites, weapons, and a wide variety of other defense products. These days though The Boeing Company (NYSE:BA) is facing the heat for its 737-Max, as investigators wonder whether the jet left its factory without critical bolts that would have prevented a blowout in mid air.

For their third quarter of 2023 shareholdings, 64 out of the 910 hedge funds polled by Insider Monkey had invested in the firm. The Boeing Company (NYSE:BA)’s biggest hedge fund shareholder in our database is Ken Fisher’s Fisher Asset Management as it owns $926 million worth of shares.