Billionaire Stanley Druckenmiller’s Top 10 Stock Picks

4. Woodward, Inc. (NASDAQ:WWD)

Duquesne Capital’s Stake Value: $181,409,000

Number of Hedge Fund Holders: 32

Woodward, Inc. (NASDAQ:WWD) is a control solutions innovator that makes control systems and control system components for aircraft engines, industrial engines, turbines, power generation, and mobile industrial equipment. The company has over 30 locations, more than 10,000 members around the world, and nearly 224 worldwide distributors.

As per the company’s annual report for the fiscal year 2024, Woodward, Inc. (NASDAQ:WWD) reported that consolidated revenues exceeded $3 billion for the first time followed by a record level of earnings per share. At the same time, the company transformed its supplier simplification strategy using automation technologies, allowing it to become a first choice among customers and to empower suppliers.

Woodward’s (NASDAQ:WWD) race to become a technology-empowered company is its economic moat and is evident from its success in its aerospace segment. The segment saw an increase in sales by approximately 15% with nearly 260 basis points of margin expansion relative to the same period last year. During the year, the company was signed for key programs such as the NASA and Boeing Transonic Truss-Braced Wing Demonstrator and JetZero Blended Wing Body Program, explaining its growing position in the industry.