Top 10 AI Stocks That Are Being Monitored By Wall Street

6. Lockheed Martin Corp. (NYSE:LMT)

Number of Hedge Fund Holders: 58

Lockheed Martin Corp. (NYSE:LMT) is a leading aerospace and defense company that develops military aircraft, satellite platforms, ground control software, and launch vehicles for crewed spacecraft. The company has several AI and ML-based initiatives like the LMText Navigator, T-Tauri platform, and the Astris AI subsidiary to rapidly process large datasets from space, air, and ground sensors, monitor spacecraft telemetry, connect disperse teams via 5G communications, and integrate AI solutions in the US defense industrial base.

On January 29th, TD Cowen reduced the company’s stock price target to $520 from $540 but maintained a “Buy” rating. The brokerage said it views Q4 as a clean-up period that sets up an improved 2025 margin/FCF optics, but margin pressures will persist this year at Aero/MFC as zero margin programs ramp.