Is Rocket Lab a Buy?
Space travel is capturing the public's imagination like it's the 1960s all over again, and investors are going along for the ride. There are now numerous opportunities to cash in on the space race, but that doesn't make all of the companies going public worth your money.
Rocket Lab (NASDAQ: RKLB) quickly gained altitude after going public at the end of August through a merger with a special purpose acquisition company (SPAC), but more recently, the satellite launcher's stock has been heading for a splashdown.
Shares are off 33% from the highs they hit earlier this month. But is Rocket Lab is a buy at these prices?
Source Fool.com
