Is $RKLB (+5,35 %) overvalued?
This was a post found on a Redwire board
I enjoyed this and thought it was well written.
"No matter how promising or strong stocks are, they can certainly become overvalued. The difference here is, companies riding this massive wave of space science and exploration, have more room to run than most realize. I base this on one overriding reality: the human race is in uncharted waters when it comes to the footprint we are about to make in space; the footprint we are making in space! As a result, most lack the imagination to see just how massive the opportunity truly is.
The biggest fault -- much to the regret of their wallets -- in those people, who will undoubtedly scream "overvalued" long before it can actually be justified, is an inability to see the future that's right in front of their eyes. A future that's already arrived!"