3 Top Space Stocks to Buy in November
Over the past three years, many space-focused start-ups went public by merging with special purpose acquisition companies (SPACs). Some of those stocks initially soared, but most of them fizzled out as rising interest rates highlighted their ugly losses and popped their bubbly valuations.
Many of those SPAC-backed space companies also set overly ambitious growth targets, missed them by a mile, and struggled with severe delays and management issues. However, a handful of resilient companies survived that industrywide wash-out.
Let's see why three of those survivors -- Rocket Lab USA (NASDAQ: RKLB), Intuitive Machines (NASDAQ: LUNR), and AST SpaceMobile (NASDAQ: ASTS) -- are still worth buying right now.
Source Fool.com
