Is Rocket Lab Stock a Millionaire Maker?
Owning shares of Rocket Lab (NASDAQ: RKLB) has probably felt like defying gravity. The stock has soared nearly 800% over the past year. Wall Street has rewarded the company's arrival as a legitimate competitor in the space industry, a market opportunity that McKinsey & Company estimates could reach $1.8 trillion over the next decade.
When share prices multiply, even modest investments can change portfolios, and sometimes change lives. Following the stock's lift-off, Rocket Lab now has a market value of $23 billion. Does the stock still have enough investment upside to be a potential millionaire-maker moving forward? Here is what you need to know.
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Source Fool.com
