This is the best time ‘in a generation’ to buy space and defense stocks, analysts say

Wedbush turned bullish on the space and defense sector, saying recent pullbacks created a strong entry point after a rough stretch driven by growth-stock rotation, shutdown worries and budget concerns. The firm initiated or covered AeroVironment, Kratos Defense, SpaceX, Voyager Technologies and Planet Labs with outperform ratings, arguing the businesses are largely insulated from budget politics and supported by autonomous weapons demand, commercial space revenue and U.S. national-security spending. The note helped reinforce a rebound in several names, with AeroVironment surging after earnings and NASA contract awards also providing sector support. Wedbush sees substantial upside in key holdings, while SpaceX’s blockbuster IPO has prompted a broader reassessment of valuations across the group.