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On April 22nd I told readers to pull the trigger on Orbital Sciences (NYSE:ORB) and begin accumulating shares at $16.21 for quick gains. Since that time, investors have been rewarded with a 43.5% gain in just 6 months as the shares have risen to $23.26.

With the successful conclusion of a demonstration flight and delivery to the international space station this past week, Orbital now has completed all the requirements for its final certification under its multiple year contracts as a cargo transport for this facility. This translates to $1.9 billion in revenues for 8 deliveries over the next 2 years under the contract with NASA and represents a 70% increase in revenues for Orbital just from this one contract.

No other company offers the horizontal and vertical integration in space launch, transport, and delivery systems. Its unique qualities and financial metrics are all laid out in my April article. Orbital's release of quarterly earnings today shows they remain on track and continue to build on their successes and evolving 21st century technology moat.

After clearing the final hurdle to certification to service the international space station, SpaceX's private market capitalization value doubled. The same can now be expected of Orbital. If you measure the doubling from its $16.21 of last April when it was still one hurdle away from certification and thus look for a target of about $32.50, you can expect another 39.7% gain over today's price. If you measure that doubling from today's $23 range to a target of $46.00, you foresee a 100% near-term upside potential. Beyond these very short-term gains, the sky presents no limit to this space pioneer that has been delivering profits while opening commercial space pathways for over 31 years.

The tremendous near-term upside potential, very minor downside risk, along with unbounded long-term future makes ORB shares an excellent fit for almost all portfolios at this time.

Disclaimer: I am not a licensed securities dealer or advisor. The views here are solely my own and should not be considered or used for investment advice. As always, individuals should determine the suitability for their own situation and perform their own due diligence before making any investment.

Disclosure: As of today, I am long the 02/22/14 $25.00 Calls for ORB. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Source: Orbital Sciences Offers 50% To 100% Upside With An Out Of This World Future