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Barchart
Barchart
Patrick Sanders

This Space Stock Keeps Rocketing to New All-Time Highs. Should You Buy It Here?

Rocket Lab RKLB Earth United States Japan

Space stocks are names that often capture investors’ imaginations—there's something romantic about exploring beyond Earth’s atmosphere. For more practical investors, the innovative nature of companies working to blast into outer space can provide some compelling returns—particularly if the company can secure governmental contracts and ensure a consistent stream of profits.

One interesting name in space stocks right now is Rocket Lab (RKLB), which has made more than a dozen successful launches this year and just signed a new contract with the Japan Aerospace Exploration Agency.

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