Space Age Stocks: 3 Out-of-This-World Companies to Fuel Your Portfolio
ASTSAST SpaceMobile(ASTS) InvestorPlace·2024-01-18 03:59

After soaring in 2020, space stocks return to earth as many companies descend from their previous highs. In 2020, space stocks returned 64% as a collective group; 2022 marked a hefty 12% loss (though still outperforming the S&P 500. While the verdict for 2023 isn’t yet in, expect space stocks to be fairly flat to close the calendar year. But space still presents a viable long-term investment opportunity for those smart enough to avoid overblown hype and impractical prospects. Barron’s projects the space ind ...