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Should You Buy Rocket Lab USA While It's Below $10?
The Motley Fool· 2024-09-22 07:06
The rocket launch company competes with SpaceX and is growing quickly, but is it a good buy today? Over the past few decades, a pullback in government-run space projects has opened the door for the private sector to push the boundaries of what's possible. Technological advancements have made space exploration more accessible, and according to Morgan Stanley, the space economy has the potential to grow to $1 trillion by 2040. Many investors would love to own SpaceX, but the $210 billion company has no plans ...
Rocket Lab Stock Surges 30% YTD: Should You Buy Now or Later?
ZACKS· 2024-09-20 13:35
Rocket Lab USA's (RKLB) shares have surged a solid 29.6% in the year-to-date period, outperforming the Zacks aerospace-defense industry's decline of 5.6%. It has also outpaced the broader Zacks Aerospace sector's rise of 1.2% as well as the S&P 500's gain of 17.7% in the same time frame. As a renowned manufacturer of spacecraft and launch vehicles, RKLB rides high on the growing demand for commercial space systems and launch services, along with increasing orders from government defense agencies. Image Sour ...
Here's Why Rocket Lab USA, Inc. (RKLB) Gained But Lagged the Market Today
ZACKS· 2024-09-19 23:21
Rocket Lab USA, Inc. (RKLB) closed the latest trading day at $7.17, indicating a +0.7% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.7%. Meanwhile, the Dow gained 1.26%, and the Nasdaq, a tech-heavy index, added 2.51%. The the stock of company has risen by 1.71% in the past month, leading the Aerospace sector's gain of 0.38% and the S&P 500's gain of 1.27%. Investors will be eagerly watching for the performance of Rocket Lab USA, Inc. in its upcomin ...
Brokers Suggest Investing in Rocket Lab USA (RKLB): Read This Before Placing a Bet
ZACKS· 2024-09-19 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Rocket Lab USA, Inc. (RKLB) . Rocket Lab USA currently has an average brok ...
Rocket Lab: 8x Sales Rocket Fuel
Seeking Alpha· 2024-09-18 15:34
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...
Where Will Rocket Lab USA Stock Be in 3 Years?
The Motley Fool· 2024-09-15 09:35
This speculative space stock could blast off as the market warms up again. Rocket Lab USA (RKLB 8.75%), the creator of the Electron orbital rocket, went public by merging with a special purpose acquisition company (SPAC) three years ago. The combined company's stock started trading at $11.58, soared to an all-time high of $20.72 just two weeks later, but now trades at less than $7 a share. Like many other SPAC-backed companies, Rocket Lab set the bar too high during its pre-merger investor presentation. Whe ...
Why Rocket Lab USA Stock Was Soaring This Week
The Motley Fool· 2024-09-13 22:58
The company tapped an automotive industry veteran to be one of its top managers. News coming from Rocket Lab USA (RKLB 8.75%) tilted heavily toward the positive over the last five trading days. That inspired market players to buy the company's stock, to the point where it notched a convincing double-digit gain. According to data compiled by S&P Global Market Intelligence, Rocket Lab's shares rocketed (sorry) more than 28% higher over the course of the week. A top manager is about to take office On Tuesday, ...
Huge News for Rocket Lab Investors
The Motley Fool· 2024-09-07 07:29
The company is powering a mission beyond our planet as it expands its spaceflight capabilities. Rocket Lab USA (RKLB -4.44%) is going to Mars. I mean that literally: The company just announced the completion of two spacecraft bound for the planet in the Escapade mission for the National Aeronautics and Space Administration (NASA) and the University of California. The mission is scheduled for launch in October and will study plasma and electric fields around the planet. Exciting stuff. For Rocket Lab's busin ...
Why Rocket Lab Stock Shot Higher in August
The Motley Fool· 2024-09-04 18:54
The company's business is progressing as planned. Rocket Lab USA (RKLB 5.24%) plans to go to Mars, and investors seem to think the stock could go along for the ride. Shares of Rocket Lab climbed 19.7% in August, according to data provided by S&P Global Market Intelligence, on solid earnings and news about a high-profile mission. To Mars and beyond! Rocket Lab is part of a new generation of space companies reshaping the industry and taking share from incumbents. The company has quickly established itself as ...
Prediction: This Hypergrowth Space Stock Will Be Worth More Than SpaceX In 10 Years
The Motley Fool· 2024-08-26 12:45
The stock is already up 26% this year. SpaceX has been a remarkable success over the last 15 years. It brought the space flight industry in the United States -- really, around the world -- back to life and inspired plenty of copycats along the way. The age of commercial space flight is upon us and set to grow like gangbusters over the next 10 to 20 years. By 2050, the United Nations believes the space economy could be worth $3 trillion. Industry experts believe that SpaceX has a de facto monopoly on commerc ...