Could the Next Great Space Stock Come From Japan?
Key takeaways
- NVDA SPAX.PVT ASTS RKLB TSLA In just a few weeks, the Space X IPO will arrive.
- Such dramatic share price gains have made it harder than ever to find bargains among space stocks, however -- among U.S. space stocks, at least.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA SPAX.PVT ASTS RKLB TSLA In just a few weeks, the Space X IPO will arrive. Space investors are excited, with shares of popular names such as AST Space Mobile and Rocket Lab up 43% and 65%, respectively, this month. Even Elon Musk s car company, Tesla, seems to be drawing on the enthusiasm surrounding Space X, gaining 11.5% so far in May.
Such dramatic share price gains have made it harder than ever to find bargains among space stocks, however -- among U.S. space stocks, at least. But what if we widen our telescopic lens just a bit and look internationally? Might it still be possible to find cheap space stock... abroad?
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 »