solarseven
Investment Thesis
Rocket Lab Corporation (NASDAQ:RKLB) stock has been flying, up 91% since I initiated my coverage back in mid-March. The success rate for its rocket launches in 2025 has been at 100%, and that's not to mention
Another Reason To Add Rocket Lab: Moving Forward With U.S. Space Defense
Summary
- Rocket Lab Corporation's flawless Electron launch record and growing backlog highlight strong operational execution and robust demand for both launch and space systems.
- Steps forward in the $515M Department of Defense contract mark a major milestone, positioning Rocket Lab as a prime contractor for U.S. space defense.
- Despite recent all-time highs and a pullback to sub-$35, I see this as a fresh buying opportunity given the company's growth trajectory and contract wins.
- Risks remain with aggressive contract timelines and higher expectations, but with Neutron on track and momentum building, I remain bullish on Rocket Lab's long-term potential.
- I hereon share my sentiment on RKLB stock and why I see more upside ahead.
I’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like my service to revolve around is momentum.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
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