Congrats to the new $1B space stock
Posted: Dec 26, 2024
- OP is bullish on $RDW (Redwire), a space stock that they believe has significant potential for long-term growth
- OP has been following $RDW for four years and currently holds 4,500 shares and two call contracts
- Compared to other space stocks like $RKLB, $ASTS, and $LUNR, $RDW has shown strong revenue growth and is undervalued
- $RDW has a proven track record of supporting space missions for over 50 years and is involved with major space organizations
- Redwire is positioned to be a leader in emerging space technologies such as microgravity payload development and space manufacturing
- Low float and trading volume make $RDW prone to sharp price movements which could present an opportunity for investors
- OP believes $RDW has the potential for significant price action in the future and remains bullish on the stock's long-term growth potential
What do people on Reddit think?
🚨 Reddit sentiment: positive - Most people are positive about $RDW's potential due to its growth and involvement in space missions, and its undervaluation compared to peers Summarized comments: - $RDW is considered undervalued compared to RKLB and ASTS despite strong revenue growth - $RDW has been awarded a $45M contract from the Air Force - The company has a long history of involvement in space missions - Compared to peers like RKLB and ASTS, $RDW is trading at a lower multiple - Some users are very bullish on $RDW, with significant share purchases and option positions - $LUNR and ASTS are also mentioned, but $RDW is highlighted as a solid pick - Some believe it's still early to invest in $RDW due to its potential for short-term price swings - Enthusiasm for $RDW is driven by its involvement in various space technologies and low float Stock tickers discussed: $KULR, $LUNR, $RDW, $ASTS, $RKLB
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