Another Massive Space Gain — This Time 400%

Jason Simpkins

Posted November 25, 2024

Back in September I landed a nice 150% gain on Intuitive Machines (NASDAQ: LUNR).

Better still, we did it in just three months’ time. 

However, if you were to go back and read that article, you’d see I also mentioned another space stock — one with even greater potential. 

“I even have another space-economy stock in the [Secret Stock Files] portfolio that I think is an even better bet than IM, because it’s already generating significantly more revenue as a nimble, low-cost launch provider and space systems company,” I noted. “It’s more than doubled in value since April.”

Well, about a week ago I sold that stock for a 400% gain. Which is why I don’t mind telling you now that it was Rocket Lab (NASDAQ: RKLB). 

I brought Rocket Lab into the Secret Stock Files portfolio in February 2023 when it was trading for less than $5.00 per share. And in fact, there were a few periods over the course of the year where the stock was trading below $4.00 per share. 

Heck, it even fell as low as $3.47 as recently as April.

And what did I tell subscribers?

“If you were able to buy into Rocket Lab below $4.00 per share, congratulations. It doesn’t often fall below that level, making it an absolute steal. And if you missed out, don’t worry. The stock is still cheap, considering its short- and long-term prospects. It remains a Strong Buy in our portfolio.”

So you see, I’ve spent the better part of two years telling investors to buy in. And that went on all the up to November 13 when I finally let the stock go for a 400% gain, after it had climbed up to roughly $20 per share.

Now, if you’re not familiar with Rocket Lab, it’s an amazing company — one that competes directly with SpaceX in the launch business. 

Its Electron rocket is on the smaller side but it’s good for carrying clusters of nanosatellites and other instruments into orbit. And it’s set to debut its Neutron rocket — a larger launch vehicle that will compete with SpaceX’s Falcon 9 — next year.

It has a strong track record of nearly 200 successful launches and two launch ports — one in New Zealand and another in Wallops Island, Virginia.

I think it’s well positioned as the space economy continues to grow from its nascent beginnings. 

Indeed, the McKinsey research and consulting firm says the space economy would grow from $630 billion in 2023 to $1.8 trillion by 2035.

This puts it on a growth trend consistent with that of semiconductors — estimated at $600 billion in 2021 with 6%–8% annual growth into the 2030s.

So if you believe in stocks like Nvidia, then you ought to be just as interested in space stocks, which are poised to grow at roughly the same rate. And Rocket Lab figures to play a huge part in that, delivering satellite constellations into space and even taking part in missions to Mars. 

You may wonder, then, why I chose to sell.

Well, first there’s the obvious explanation: I’ve been in this industry too long to leave a 400% gain on the table. 

And the second short-term explanation is that I’m not sure how the Elon Musk/Donald Trump alliance will affect Rocket Lab’s ability to win contracts. 

As I said, this is a company that competes directly with SpaceX. I can’t say for certain that Elon Musk will use his influence to freeze Rocket Lab out of lucrative government contracts, but I can’t be certain he won’t, either.

The company should be fine in the long term. There’s enough government work to go around and commercial backlogs are growing, as well. But I think the risk is pretty evident. And after this recent run-up, I can’t call Rocket Lab “an absolute steal” the way I did back in May. 

But now, here’s the good news — and the reason I’m writing you about this now. 

Gains like the one we just netted from Rocket Lab (typically) don’t happen overnight and they (typically) don’t happen after a stock’s already quadrupled in value. 

You have to get in ahead of the crowd the way Secret Stock Files subscribers did last year. 

To that end, I just released a new report on another stock that’s been trading around $5.00–$6.00 per share all year. I think it’s in a place similar to the one Rocket Lab was in when I first recommended it in 2023.

It’s a small company with meager revenue. But it’s at the forefront of a nascent industry and it has some very powerful partners. 

So if you missed out on Rocket Lab, you still have a chance to get in on this one. 

All you have to do is check out my full report here and join me. 

Because, trust me, I’d much rather be writing you about a gain that we closed out together than a gain you might have missed out on. 

Fight on,

Jason Simpkins Signature

Jason Simpkins

Simpkins is the founder and editor of Secret Stock Files, an investment service that focuses on companies with assets — tangible resources and products that can hold and appreciate in value. He covers mining companies, energy companies, defense contractors, dividend payers, commodities, staples, legacies and more…

In 2023 he joined The Wealth Advisory team as a defense market analyst where he reviews and recommends new military and government opportunities that come across his radar, especially those that spin-off healthy, growing income streams. For more on Jason, check out his editor’s page.

Be sure to visit our Angel Investment Research channel on YouTube and tune into Jason’s podcasts.

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