Here Are 2 Space Stocks With Less Risk and More Upside Potential Than SpaceX
SpaceX's rally has put space stocks in the spotlight, but it may not be the only stock worth watching.
Here Are 2 Space Stocks With Less Risk and More Upside Potential Than SpaceX
Overview
Space Exploration Technologies' (NASDAQ: SPCX) stock is up nearly 37% (as of June 18) from its initial public offering (IPO) price of $135 per share. Reuters estimates that only about 3% to 4% of SpaceX's shares are publicly tradable. While the limited supply can keep pushing the stock higher, the scarcity also makes it less attractive to new investors, especially after a strong rally.
Instead, these two space stocks can prove to be better alternatives to SpaceX for retail investors.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
