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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

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Business & Economics

Rocket Lab USA, Inc. (RKLB): One of the Best Multibagger Stocks to Buy According to Billionaires

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
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Rocket Lab USA, Inc. (NASDAQ:RKLB) is an aerospace and defense company that offers end-to-end launch services, including spacecraft design and manufacturing-space solutions.

Rocket Lab could win $5.6 billion of contracts from the US Space Force following its inclusion in Phase 3 , 1 of the Space Force Launch program.

Kratos selected the company to deliver hypersonic test launches for the Department of Defense .

Wells Fargo reiterates an Equal Weight on the stock with an $ 18 price target.

Overall, RKLB ranks 8th on our list of best multibagger stocks to buy according to billionaires.