Space stocks are becoming more attractive by the day. As broader indices like the Standards and Practices (S&P) 500 decline, this opens up ripe opportunities for investors to scoop up shares of space stocks at a steep discount.
These companies offer great potential for those who get in early and are patient with holding them throughout the long term. Furthermore, these companies have had some company specific catalysts that sent their shares downards. Some of these catalysts were the result of short-term failures. Others can be chalked up the realities of needing sufficient capital to power space flight.
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