Rocket Lab Stock: Bull vs. Bear
Neutron is delayed, but the space company has notched several wins this year.
Overview
Rocket Lab (NASDAQ: RKLB) has had an eventful year, including major acquisitions, record revenue, and multiple contracts with the U.S. Space Force. But it has also had to delay the launch of its highly awaited Neutron rocket, and its stock is expensive, even after pulling back from the all-time high of $151 it set in May.
This has made it one of the more divisive stocks on the market. Let's look at the bull and bear cases to see whether Rocket Lab is worth investing in.
Image source: The Motley Fool.
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Source
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.