Don't Buy SpaceX Until You Consider These 2 Aerospace and Defense Stocks With 10% EPS Growth
Key takeaways
- SPCX NVDA HWM TDG Space Exploration Technologies, better known as Space X, had a huge initial public offering (IPO) earlier this month, making founder Elon Musk the first trillionaire.
- The sky isn't the limit for aerospace and defense industry stocks, and there are several less-risky stocks than Space X, including companies with strong track records of earnings-per-share (EPS) growth.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
SPCX NVDA HWM TDG Space Exploration Technologies, better known as Space X, had a huge initial public offering (IPO) earlier this month, making founder Elon Musk the first trillionaire. However, since its splashy debut, the stock had fallen to $147.11 on June 23 and, even after a rebound, is below its opening day's closing price of $160.95.
The sky isn't the limit for aerospace and defense industry stocks, and there are several less-risky stocks than Space X, including companies with strong track records of earnings-per-share (EPS) growth.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »