May. 24 at 3:49 PM
If I had to pick a space stock today, would it be
$RKLB,
$ASTS,
$FLY, LUNR, RDW, or SPCX? None. Many focus only on upside and ignore drawdown risk. At current valuations, holding for a year with stable or higher prices isn’t straightforward. Over time, you also need to factor in potential disruption from SpaceX. In a growth drawdown cycle, stocks can fall hard even with solid execution.
I’m not adding here and prefer
$NOC (Northrop Grumman), with ~26% of revenue from space systems, including satellites, missile defense, and launch programs, plus collaboration with
$FLY.
