A Rocketing Stock That Won’t Fall Back to Earth

It has been 50 years since humans first landed on the Moon, but the maker of the engines that took them there may have further to go.

U.S. rocket maker Aerojet Rocketdyne has already reached the stars in terms of investor performance. In July 2012, Aerojet, a manufacturer that dates back to World War II, announced it would buy Rocketdyne, the maker of the five F-1 engines that powered the Saturn V rocket that took people to the moon in 1969. Since then, its stock has returned almost 690%. That compares with 280% for the U.S….

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