OPINION: I’ve tried to figure out the best, safest and most revolutionary ways to invest for the long term. Here are my favorite stocks for the Space Revolution right now.
I’ve been recently answering the phone by saying: “If it’s not space, it’s probably a waste of time. How may I help you?” And I’m only partly kidding.
Would you rather buy the S&P 500 Index SPX, +0.75% of the largest U.S. companies after it has doubled in 20 months and is trading at a high forward price-to-earnings valuation or invest in the one industry that’s not terribly overvalued based on the future explosive growth that’s about to commence? Let’s put it this way: It sure feels as if most stocks we could pick right now are going to reflect the broader markets. To be sure, if the broader stock market pulls back, so too will most space stocks. But I’ve left myself room to buy more of my favorite space stocks if and when they get hit.
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