Here's Why Rocket Lab Stock Is a Buy Before August

Rocket Lab USA's (NASDAQ: RKLB) stock skyrocketed nearly 470% over the past 12 months. The maker of reusable orbital rockets impressed investors with its successful Electron launches, fresh contracts, and the upcoming launches for its bigger Neutron rocket.Investors might be reluctant to buy Rocket Lab's stock after that monstrous rally. However, I think it's still worth buying ahead of its next earnings report in August for five simple reasons.Rocket Lab's Electron rocket can carry small payloads of up to 300 kilograms into space. It's been successfully launched 66 times and used to deploy 227 satellites. It achieved six Electron launches in 2021, nine launches in 2022, 10 launches in 2023, and 16 launches in 2024. It's also launched seven Electron rockets in 2025 so far.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool