$Rocket Lab USA, Inc.(RKLB)$ has surged to an all-time high, marking a significant achievement for the aerospace manufacturer and small satellite launch service provider. This milestone reflects a period of strong growth and investor confidence.
The company’s market capitalization has reached nearly $14 billion, with impressive revenue growth of 54% over the last twelve months. According to InvestingPro analysis, the stock is currently trading above its Fair Value, indicating optimistic market sentiment. While the gains aren’t huge, they’re more than enough for me.
In the stock market, steady profits and risk management are far more important than chasing massive returns.
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- syzuhair·2024-12-29time to sellLikeReport