3 Rocket Stocks That Are Exploding -- in Both Good Ways and Bad
Investors have flooded into space stocks over the past year, and with good reason. Space wasn't just the final frontier on Star Trek, it represents a whole new and potentially lucrative market for a wide range of companies.
Morgan Stanley estimates the global space industry could generate upward of $1 trillion in revenue by 2040.
But there are some serious risks that go along with that opportunity. Space tech tends to be volatile, at times literally blowing up on the launching pad. And just like some rocket designs prove to be better than others, some of these companies that investors love today will likely fall well short of expectations in the years to come.
Source Fool.com
