Is Virgin Galactic a Smart Long-Term Investment Now?
Virgin Galactic Holdings (NYSE: SPCE) recently achieved a major milestone in its quest to become the premier space tourism company, as it received Federal Aviation Administration approval to carry passengers, not just run test flights. However, this is still a pre-revenue company with a long and unclear path to profitability. In this Fool Live video clip, recorded on June 25, Fool.com contributor Matt Frankel, CFP, and chief growth officer Anand Chokkavelu discuss whether Virgin Galactic could be a smart long-term investment right now and why it ranked No. 3 out of 10 "meme stocks" in their recent rankings.
Source Fool.com