Rocket Lab: Buy, Sell, or Hold?
Rocket Lab USA(RKLB) The Motley Fool·2024-06-14 20:00
The space launch company is making strides, but is it a good investment? Rocket Lab has been awarded some pretty significant government contracts, and more could be on the way. However, the stock is down 78% from its all-time high price of $21. As revenue ramps up, is now the time to buy some shares? Rocket Lab provides launch services for customers looking to put satellites into orbit. The company focuses on frequent, cost-effective trips through its Electron launch vehicle. Since 2017, Rocket Lab has carr ...