Space stocks are now at fairly-priced areas. Not too expensive, not too cheap.
Can start building positions slowly for the future if you like this sector. I do have $SPCX in our portfolio right now, still holding since last month and plan to keep for a long-time.
$RKLB, $PL, $LUNR, $ASTS
Space stocks are starting to split into two very different camps.
$RKLB and $ASTS are the leaders, but already pricing in years of execution.
$RDW, $VOYG and $LUNR have discounted growth and cheaper valuations.
Are the Leaders premiums justified, or are the cheaper names the better opportunity?
Curious where you all land.
Pure-play space stocks remain rare outside SpaceX, leaving investors scouting for alternatives.
The investing lesson here, according to @JessInskip_: Find the bottleneck, then figure out who's solving it.
Despite the massive pullback in space stocks, our 100K Challenge Portfolio is up 9% YTD.
Quality matters. Entry points matter. Position sizing matters.
Don't invest money you need to live.
Don't use margin.
Don't gamble with options.
Volatility is part of the journey but if you pick great companies, buy them at reasonable prices, and give them time, you give yourself a much better chance of coming out the other side stronger.
Stay Sharp.
Can you guys imagine if there's another 2022 style rate hike drawdown how cheap you could get space stocks like $ASTS and $RKLB that would literally retire your bloodline?