5 Cheap Space Stocks Popular On Reddit

3. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Number of Hedge Fund Holders: 18 

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is a California-based company that makes and sells space-related products and services. It is ranked third on our list of 10 cheap space stocks popular on Reddit.

On August 5, investment advisory Alembic Global upgraded Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) stock to Overweight from Neutral with a price target of $29, appreciating the second quarter earnings report of the firm. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm ARK Investment Management is a leading shareholder in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) with 8.3 million shares worth more than $237 million.