These 2 Space Stocks Are Down 24% and 41%: Which Is the Better Buy Today?
Rocket Lab or Intuitive Machines after the space stock sell-off? Here's why one looks like the safer long-term bet while the other could deliver bigger rewards for risk-tolerant investors.
Overview
The space sector just had the wind knocked out of it. Over the past month, shares of Rocket Lab (NASDAQ: RKLB) tumbled roughly 24%, while Intuitive Machines (NASDAQ: LUNR) fell a stomach-churning 40.5%. The irony is that neither drop had much to do with the companies themselves.
So the question for opportunistic investors is a fair one: After that kind of pullback, which of these two is the better buy today?
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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.