Is Virgin Galactic Stock a Buy?
The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of Virgin Galactic Holdings (NYSE: SPCE) has jumped 300%, then fallen 75%, and more than doubled from recent lows. Investors who have held on for the ride have done well, but it hasn't been easy.
More than even the highest flying growth stocks on the market, this is a boom-and-bust kind of investment right now. If Virgin Galactic succeeds, it could reshape the way we think about space. But if it fails, the company could end in disaster. Right now, I think it's worth the risk.
Image source: Virgin Galactic.
Source Fool.com
