Daily Archives: August 16, 2021

Investors are always eager to jump on the next big trend. Think about all the profits reaped by those who were able to take advantage of the major trends of the last decade like cloud computing, e-commerce, and smartphones. Many believe that the next big trend in the next decade will be space. Heres why Trimble (TRMB) is the top space stock.

The impact of technological breakthroughs arent always easy to appreciate when theyre emerging but with the benefit of hindsight, we can fully understand their significance.

Think about Steve Jobs introducing the first Apple (AAPL) iPhone in 2007, which has changed multiple aspects of how people live, socialize, and do business. Or, Amazon (AMZN) launching AWS which made high-power computing affordable and accessible for everybody.

I believe a similar breakthrough is Elon Musk and SpaceXs successful space launch, which is lowering the cost of space travel and exploration. Many analysts believe that space will be the next great investing frontier and has the potential to grow into more than a $1 trillion industry over the next decade. While there are a variety of stocks that will benefit from this trend, I believe that Trimble, Inc. (TRMB) is the best choice.

Company Background

Trimble was founded in November 1978 in Sunnyvale, California. It produces hardware, software, and services for customers in various industries including Agriculture, Building & Construction, Geospatial, Natural Resources and Utilities, Governments, Transportation, and others.

The company is likely to benefit from growth in the space economy as it produces Global Navigation Satellite System (GNSS) receivers and scanners that are necessary for spaceflight. In fact, TRMB is the largest holding in Cathie Woods newest ETF, the Space Exploration and Innovation ETF (ARKX) with an 8.9% weight. Its also the second-largest holding in the Procure Space ETF (UFO).

Growth Story

Cathie Woods belief in the stock should intrigue any growth investor as she has successfully invested in some of the hottest growth stocks in the past couple of years including Tesla (TSLA), Zoom (ZM), and NIO (NIO). She tends to take a long-term view and seeks out opportunities that should generate annual returns of more than 15% over the next decade.

Story continues

Beyond the space industry, the companys exposure to other industries should provide a growth boost as well. The companys products are used by construction companies, so this segment is growing fast as the economy recovers. It should also receive a boost from the infrastructure bill.

Additionally, the company has significant exposure to the agriculture industry as its products are used by farmers to gain data that helps them make better decisions in terms of evaluating their crops, watering, planting placement and timing. Countries like India and China are focused on making their farms more productive, as they lag badly behind the US. Therefore, increasing spending on ag tech from these countries is another potential catalyst for the stock.

POWR Ratings

Given TRMBs strong position in a variety of industries and upside potential due to the space industry, its not surprising that the stock is rated a B by the POWR Ratings which equates to a Buy rating. B-rated stocks have posted an average annual performance of 19.7% which compares favorably to the S&P 500s average annual gain of 7.1%.

The POWR Ratings are calculated by weighing 118 different factors, each with its own weight. It also evaluates stocks by various components. The stock has Bs for Stability and Sentiment. This isnt surprising considering the stock has reliable, recurring revenue from customers like Caterpillar (CAT), Deere (DE), SpaceX, and NASA. Wall Street analysts are also bullish on the stock as the stock has no Sell Ratings.

Conclusion

TRMB is an ideal growth stock as it has major upside due to its exposure to the space industry. At the same time, it has steady revenue growth from its existing businesses which should continue given strength in construction, agricultural, and industrial production.

Despite this attractive growth picture, the stock is not overvalued, as its forward P/E is 30.2. This combination of value and growth in addition to backing from this generations most successful growth investor is a good reason to consider adding TRMB to your portfolio.

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TRMB is just one of the stocks in my POWR Growth portfolio. That's where I combine my many years of investing experience with the Top 10 Growth Stocks strategy, which has +46.42% annual returns, to bring investors the best growth stocks for today's market.

If you would like to see the current portfolio of 14 stocks, and be alerted to our next timely trades, then consider starting a 30 day trial by clicking the link below.

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TRMB shares fell $0.04 (-0.04%) in premarket trading Monday. Year-to-date, TRMB has gained 33.29%, versus a 19.64% rise in the benchmark S&P 500 index during the same period.

Jaimini Desai has been a financial writer and reporter for nearly a decade. His goal is to help readers identify risks and opportunities in the markets. He is the Chief Growth Strategist for StockNews.com and the editor of POWR Growth newsletter. Learn more about Jaiminis background, along with links to his most recent articles.

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The post Heres Why Trimble Could Blast Higher in the Coming Months appeared first on StockNews.com

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Heres Why Trimble Could Blast Higher in the Coming Months - Yahoo Finance

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The infrastructure bill recently passed by the Senate contained a provision that would impose on the trading of cryptocurrency the same reporting requirements applied to the transaction of other traditional financial securities, such as stocks. U.S. Securities and Exchange Commission chairman Gary Gensler has also been advocating for more regulations on cryptocurrency trading and soliciting congressional support for his position. This has fueled concern in the financial industry that the growing interest in the cryptocurrency market may be dampened by the anticipated regulations.

This isnt the only new venture now suddenly threatened by congressional regulation. One may recall that, a few weeks ago, Congressman Earl Blumenauer of Oregon had, in response to Jeff Bezoss successful venture into space, indignantly suggested that space travel be subjected to an excise tax, lest space exploration become a tax-free holiday for the wealthy. Blumenauer stressed that he was not opposed to . . . space innovation and only wanted to tax space-travel ventures that dont have a scientific purpose. However, space innovation is driven by not only scientific development, but also financial interest.

One may even contend that the scientific development associated with space innovation is itself driven by financial interest. After all, the prospect of becoming a pioneer in the potentially enormously lucrative industry of private space travel is a tremendous incentive for investors to divert resources to scientific research and development aimed at enhancing space-travel technology. There is simply no way to tax and hence in effect disincentivize the expansion of the private space-traveling industry without impeding potential scientific development.

As of August 10, Blumenauer has yet to formally introduce this space-travel-tax bill, and one can only speculate how serious he had been in his suggestions. However, his suggestions, together with congressional action to strengthen regulation on cryptocurrency, indicate a broader trend of taxing innovation. While the government may have a wide array of reasons for imposing new taxes and regulations onto budding industries, its increasing interest in doing so may, nonetheless, potentially have a chilling effect on innovation.

As the elementary principles of supply-side economics go, tax cuts and deregulation bolster the development of an industry, whereas new taxes and regulations impede it. Even by expressing interest in taxing certain industries, the government may be inducing considerable hesitation on the part of potential investors, who become wary that the profitability of the industry may be diminished by tightening regulations, to assume the risks associated with installing their capital in a relatively young and unestablished industry.

The expansion of the cryptocurrency market may be hindered if they are subjected to the same stringent regulations as traditional securities. While traditional stock trading formally began in America when the Philadelphia Stock Exchange was founded in 1790, formal regulations and third-party reporting requirements for did not emerge until 1934, when the SEC was formed in response to the Wall Street crash of 1929. Although the lack of regulations ultimately proved to be a recipe for financial disaster, it also arguably contributed to the initial flourishing of stock trading in America. Cryptocurrencys roots, on the other hand, can only be traced back as far as the late 20th century. Despite its exponential growth in market value and investors, cryptocurrency exchange is still an emergent market and has yet to command the broad investor confidence that traditional securities trading arguably enjoys. To impose the same stringent regulations applied to traditional securities onto cryptocurrency exchange in its infancy may well prevent it from attaining the establishment conventionality of the stock market.

The government often has different reasons to tighten regulations or impose taxes on budding industries, be it to enforce tax-compliance, increase tax revenue, or simply to punish wealthy citizens for pursuing extravagant exploits. However, regardless of the intentions of the lawmakers, regulations and taxes would foreseeably disincentivize investment in these budding industries and impede their development. The space-travel industry and cryptocurrency exchange are but two of the many markets that may be affected by this broader sentiment. Though the aforementioned short-term aims may be achievable through government action, free enterprise, investors interest in emergent industries, and societys zeal for innovation do not benefit in the long run.

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Cryptocurrency Regulations, Space Taxes, and Innovation - National Review

When a spacecraft docked with the International Space Station (ISS) this week, it was carrying with it some very important earthly cargo a 3D printer that uses moon dust to make solid materials.

The Cygnus spacecraft, developed by US aerospace company Northrop Grumman, delivered the printing system which is designed to revolutionise future missions to the moon by enabling the creation of equipment on the celestial body itself, rather than having to continually fly out heavy, and very expensive, loads.

Research into the use of moon dust or regolith as it is known scientifically as a construction material for 3D printing has been ongoing for many years, and now scientists are about to test its ability to produce under zero-gravity conditions onboard the ISS.

As real samples are very precious and rare, the printer will use a human-made moon stimulant, a compound similar enough in make-up to lunar regolith to warrant testing. Redwire, the company behind the printer, says that the device can be used to create small fixtures and fittings, but added that it could potentially stretch to printing larger parts like landing pads, roads, or even habitats on the lunar surface.

NASA has made no secret of its ambitions for the technology, suggesting it could even be used to streamline the process of humans becoming an interplanetary species. The space agency has said it intends to look further into the possibility of 3D printing settlements on Mars.

If you can see yourself at the frontier of space-travel, why not sign up to this programme that invites you to spend a year in a Mars simulator.

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NASA is testing a 3D moon dust printer on the International Space Station - Dazed

To afford Jeff Bezoss ten-minute ride to the edge of space, youd need to find a cool 23 million for a ticket, as one top bidder did.

But for those of us who can only dream of space travel, NASA is offering the chance to spend a whole year on Mars.

The catch? Its only a simulation.

The US space agency has announced that it is seeking four candidates for a mocked-up mission to Mars starting in Autumn 2022.

NASA wants to study how highly motivated individuals will adapt to the rigours of life on Mars through a long-term Earth-bound simulation.

The findings could have profound implications for any future attempts at establishing colonies on the Moon and the Red Planet.

NASAs series of three year-long experiments are intended to help figure out "methods and technologies to prevent and resolve potential problems on future human spaceflight missions to the Moon and Mars," the agency said.

Each of the three simulations will have four crew members, living and working in a 158 square-metre 3D-printed module called the Mars Dune Alpha.

The module will simulate some of the challenges that a real mission to Mars could pose, including "resource limitations, equipment failure, communication delays, and other environmental stressors".

As for the building itself, the layout of the innovative structure is organised in "a gradient of privacy," American construction firm and module designer ICON said.

Contained within the self-sufficient building will be four private crew quarters, workstations, as well as medical and food-growing facilities.

The crew will be able to adapt the living areas to their needs, with movable furniture, customisable lighting, temperature, and sound controls helping them build daily routines and maintain their circadian rhythms.

Crew duties may include simulated spacewalks, scientific research, the use of virtual reality and robotic controls, and exchanging communications.

Not many people. NASA has very specific requirements, with a master's degree in sciences, technology, engineering or mathematics and even pilot experience among them.

Additionally, only US citizens or permanent residents of the United States are eligible.

Lastly, applicants must be between 30 and 55 years old, in good physical shape, free from food allergies or intolerances and not subject to motion sickness.

"Crew selection will follow standard NASA criteria for astronaut candidate applicants," the space agency stressed.

NASA's ambition is for humans to set foot on Mars in the 2030s. Getting there wont just involve overcoming the considerable technical obstacles. The crews psychological well-being is likely to pose another challenge.

A flight to Mars is long: getting there takes around 6 to 8 months. The distance, isolation, and constant communication delays of up to twenty minutes each way are likely to take their toll.

NASAs virtual Martians will not be the first to lend themselves to such confinement.

In 2010-2011, Russian, European and Chinese volunteers remained locked up for 520 days to simulate the trip to Mars.

Between 2013 and 2017, NASA volunteers spent up to a full year at a time in an isolated simulation habitat on top of a volcano in Hawaii.

While the first five HI-SEAS (Hawaii Space Exploration Analog and Simulation) exhibitions went smoothly, the sixth ended early when a crew member was electrocuted and had to be taken to hospital.

For more on this story watch the video in the media player above.

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Life on Mars? NASA wants you to spend a year in a 3D-printed dome pretending you're living there - Euronews

VANCOUVER -- A Vancouver artist is one of 20 finalists hoping for a spot on the first civilian mission to the moon.

The first mission to the moon is expected to take place in 2023 with a rocket developed by SpaceX. The trip will take a week and travel to the moon and back.

In 2018, Japenese billionaire Yusaku Maezawa bought all the seats on the rocket and wants to give spots to eight people from around the world.

In a video, Maezawa said he received applications from more than one million people around the world. Applicants were asked to send in videos explaining what they want to accomplish in space.

Vancouver-based Boris Moshenkov is a finalist in the Dear Moon project, which is narrowing down candidates for the trip.

Moshenkov says as a painter, he's dreamt of going to space ever since he was a kid.

"Somehow it just feels like I've manifested all this from painting space all these years," Moshenkov said. "Of course the space travel portion is going to be amazing, but what will we create after come back? How will this inspire us?"

As a finalist, Moshenkov will receive space training. It's unclear when the final team will be selected.

Continue reading here:

Vancouver artist a finalist for 1st civilian mission to the moon - CTV News Vancouver

Spacing Out

To the Editor:

I found it surprising, and profoundly distressing, that none of the accomplished authors and reviewers of the four books on space travel (Walter Isaacson on Elon Musk, Elliot Ackerman on Richard Branson, and Mark Atwood Lawrence on John Glenn and John Kennedy, July 25) questioned the delusion that the future of humanity lies in space.

It doesnt. It lies on Earth. Space may be fun for a few. But for the rest of us, there is no Plan(et) B. Tragedy awaits us unless we devote all our efforts to preserving our habitat a far more profound challenge than the conquest of space. All these authors and reviewers know that. They owed it to us to acknowledge it.

Richard L. Abel Santa Monica, Calif.

To the Editor:

While reading through the fascinating collection of reviews on the theme of space exploration, which largely ignored ecology, inequality and what economists call opportunity cost, I kept playing two classic songs in my head from half a century ago, still sadly more relevant than ever: Gil Scott-Herons Whitey on the Moon and the opening lines of Marvin Gayes immortal Inner City Blues: Rockets, moon shots / Spend it on the have-nots.

Sometimes poets and songwriters raise questions even the most brilliant scientists and businessmen might well ponder. As for space aliens, they likely took a long look at us, turned around and went back home long ago.

Steve HeiligSan Francisco

To the Editor:

In his review of Ethel Rosenberg: An American Tragedy (Aug. 1), Joseph Dorman states that Ethel not only knew of her husband Juliuss spying for the Soviet Union but aided him at times, including in the recruitment of her brother [David Greenglass] and sister-in-law [Ruth].

For this claim, Dorman relies on strong evidence from Soviet archives. But this evidence is problematic at best. It consists of a cable written by a Soviet intelligence agent on Sept. 20, 1944, two versions of which exist. One, intercepted by U.S. intelligence, was decrypted and translated as part of the top-secret Venona project. It says that Julius and his wife recommend Ruth as an intelligent and clever girl. The other, a translation of the same cable made directly from the copy in the Soviet archives, does not refer to Ethel at all.

The full texts of both versions are reprinted in Final Verdict: What Really Happened in the Rosenberg Case, by Walter Schneir, with a preface and afterword written by me.

Miriam SchneirMontclair, N.J.

To the Editor:

When Laurie Colwin, the subject of Lisa Zeidners essay (July 25), died in 1992, I was 32. I was 16 years younger than she was, with a baby daughter and a marriage that unbeknown to me was about to implode. She was my friend, even though she never knew it.

I longed to sit with her at her tiny apartment table and eat her famous roasted chicken. Her voice was so conversational, so direct and funny and true; her fictional friends were like the friends I had, loyal and exasperating and there for you through thick or thin. I felt her loss like that of a longtime pen pal, even though our correspondence was one-sided. I came to her food writing after her death, leafing through my mothers old issues of Gourmet magazine.

My baby daughter is a grown woman of 30 now, a writer and a cook who just bought her first home. I found a second copy of Home Cooking on my bookshelves and am going to give it to her along with a copy of Zeidners essay. I hope Colwins writing will speak to her as it did to me about cooking, about family and about joy.

Alison LawrenceToronto

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Marvin Gaye, the Venona Project and Other Letters to the Editor - The New York Times

The North America space robotics market is currently a highly profitable growth ground owing to the presence of substantially funded organizations like NASA and the Canadian Space Agency. The region is also witnessing several ongoing and upcoming space missions that are anticipated to generate considerable demand for space robots, further strengthening the regions space robotics industry size.

According to a research report by Global Market Insights, Inc., space robotics market is estimated to surpass $3.5 billion by 2025.

Global space robotics market is estimated to procure commendable returns in the ensuing years, primarily owing to the increasing investments and efforts dedicated toward space research and exploration in countries such as the United States, India, and Russia. Space robotics is significant in the development of machines that are capable of expanding the human capacities in space by facilitating abilities beyond human limitations in extreme space environments.

Request for a sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3219

Increasing investments in space programs will also have significance in driving demand for space robots in the coming years. Recently, SpaceX was awarded a $50.3 million contract by NASA to launch its X-Ray Polarimetry Explorer mission. Major funding toward potential space missions will provide a huge scope for space robotics engineering, thereby augmenting space robotics market share in the future.

Space explorations have always attracted the interests of several private companies. Case in point, Boeing has built the Saturn V rocket, the 363-foot booster rocket capable of lifting the entire apparatus to the edge of space. In the last few years, the space exploration arena has witnessed the emergence of multiple competitors such as Blue Origin, SpaceX, Virgin Galactic, and more. The introduction of new technologies by key players, would positively influence space robotics market trends over the forecast period.

A farfetched but plausible idea that has begun surfacing the international space industry is the possibility of space travel for recreational purposes. With numerous firms embarking on a quest to launch spaceflights for civilians, space travel is starting to seem less like a dream. Possibilities of recreational space travel could present a major opportunity for space robotics companies, thus augmenting the space robotics market share in the future.

Request for customization @ https://www.gminsights.com/roc/3219

Although government funding to organizations like NASA is facing a slump, the space industry is slowly moving to the private sector, with Elon Musks SpaceX and Jeff Bezos Blue Origin signing more contracts. SpaceX is reportedly gearing up to launch its eighteenth contracted CRS mission to the International Space Station through its Cargo Dragon spacecraft. The mission will also use the Space Stations robotic arm Canadarm 2 to extract IDA-3 from the Dragons trunk. Increasing collaborations between established space stations and emerging private firms will present space robotics companies with major growth prospects in the ensuing years.

In terms of segmental growth, the robotic arms segment is slated to witness immense demand over the coming years. Robotic arms have proved to be one of the most reliable machines in space missions. Recently, NASAs Jet Propulsion Laboratory finished installing a 2.1-meter-long robot arm on the Mars 2020 rover. The new arm has been designed to perform much more complex activities. Increasing penetration of robotic arms for advanced space mission will result in segmental growth for the global space robotics market.

A perfect example is the partnership between Tokyos ispace and Elon Musks SpaceX to send a series of robots to the moon. The Lunar Lander will orbit the moon in this mission thats scheduled in mid-2020. A rise in the integration of robotics technology for future space missions will substantially drive space robotics market outlook in the future.

Browse complete table of content (TOC) of this report @ https://www.gminsights.com/toc/detail/space-robotics-market

The Asia Pacific market is also likely to emerge as a strong contender due to increasing implementation of major space projects. For example, the Indian Space Research Organizations second moon mission Chandrayaan 2 is the nations first attempt at robotic space explorations. Increasing adoption of space robotics engineering for upcoming space programs and explorations would primarily contribute to expanding Asia Pacific space robotics market size.

The numerous benefits depicted by these technologies will accelerate the adoption of space robots in the coming years. Products like space probes are capable of exploring areas that are beyond human accessibility. Moreover, space robots can also withstand extreme temperatures and perform programmed tasks for longer durations. These advantages will play a major role in further accelerating the adoption of space robotics.

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Space Robotics Market Growth Prospects by Regions, Trends and Key Players to 2025 - The AltcoinBeacon

Did you hear about SpaceXs acquisition last week?

Most investors didnt.

Thats because the press largely yawned at the news. After all, whats the big deal?

Well, as our macro specialist, Eric Fry, points out below,whySpaceX made this acquisition is very telling.

The answer points toward a massive technological trend that will define this decade, and generate enormous wealth for investor portfolios that are well-positioned.

Today, lets hear more from Eric about SpaceXs acquisition, this megatrend, and a leading space technology and intelligence company thats poised for huge growth over the next two to three years.

Ill let Eric take it from here.

Have a good weekend,

Jeff Remsburg

Elon Musks Quiet Acquisition Has Everything to Do With 5G

By Eric Fry

When SpaceX does something, you know about it.

Whenever one of its rockets launches or lands, media outlets everywhere plaster it all over our screens.

Scroll YouTube for a while, and you can find thousands of Elon Musk fans cheering SpaceXs admittedly impressive launches and landings.

SpaceX crashes get blanket coverage as well and they bring out Musk haters full of schadenfreude.

Earlier this week, however, SpaceX did something very quietly.

When it acquired Swarm Technologies, a small satellite connectivity startup, it didnt issue a press release. Musk didnt tweet about it.

Instead, SpaceX pencil pushers filed some paperwork with the Federal Communications Commission (FCC) and enterprising reporters dug it up.

Of course, once we found out about it, the SpaceX-Swarm deal got the same amount of attention that everything Musk-related receives.

However, the deals surreptitiousness ended up receiving most of the attention. (As did the fact that this is SpaceXs first acquisition during its 19-year life.)

And that means you could have missed out on learningwhySpaceX bought Swarm and how that ties into the 5G megatrend.

Lets take a look

No IoT Without 5G

Swarm operates a constellation of 120 smartphone-sized satellites and a ground station network. In the deal, SpaceX gets all that plus various space licenses and patents.

Of course, the deal makes sense for Swarm. It gets this tiny 30-person company the resources it needs to take on similar smallsat companies.

While SpaceX prefers to develop technology internally, this deal puts it in one quick move into the Internet of Things (IoT) business.

Swarms SpaceBEE satellites communicate with its ground station network of antennas with a Swarm Tile. All those devices on the ground are then part of the global IoT network.

The IoT is a vibrant, high-speed network of physical objects things that are embedded with sensors, software, and other technologies for the purpose of exchanging data and communicating with other devices, systems, and/or people.

The global IoT market is expected to reach a value of $1.39 trillion by 2026, up from $761.4 billion in 2020, according to Mordor Intelligence.

At this point, youre likely asking what all this has to do with 5G.

Heres the thing: The IoT cannot reach its true potential without the next generation of mobile broadband that will replace or augment existing 4G LTE connections.

5G technology drastically improves upload and download speeds, while also improving latency, which is the time it takes devices to communicate with wireless networks.

The current 4G network delivers around 100 megabits per second. But once 5G rolls out, that number jumps to 10,000 megabits per second or 100 times faster than the current speed.

That means an entirely new generation of technologies may become feasible and flourish.

Whereas 4G provided the network speeds necessary to run online apps and mobile streaming, 5G represents a monumental leap forward. It provides the foundation for a whole host of gee-whiz technologies including the IoT and dozens of other innovations now waiting at the starting gate.

Qualcomm estimates that 5G networks will generate a whopping $13.2 trillion in global sales activity by 2035. Other estimates say 5G is about to unleash an economic tsunami worth at least $56 trillion.

You cant invest in SpaceX or in Swarm.

But you can do this

A Competitive Constellation

Currently, around 100 satellites are launched every year.

But by the end of the decade, Euroconsult estimates, well be launching nearly1,000 satellites every year.

By 2028, there could be 15,000 satellites in orbit.

According to Euroconsult, by 2028, there could be 15,000 satellites in orbit.

Morgan Stanley predicts that the global space industry could generate over $1 trillion by 2040, up from $350 billion today.

Moreover, these non-terrestrial networks will become a vital link in the global 5G network deployment.

Thats a high-growth sector we want to be in.

And I like one particular play right now

Warren Buffett advises buying companies that possess a competitive moat an advantage that secures their market share and growth potential.

A space company that I recommended to members of my trading service,The Speculator, possesses what I call a competitive constellation.

That company is a leading space technology and intelligence company that traces its roots to the early days of space exploration.

Today, dozens of its satellites are orbiting Earth, and this constellation is gathering reams of data and delivering it in various forms to its government and corporate customers. As a result, nearly 4 billion people interact with this companys technology every month.

Clearly, it has constructed an impressive competitive constellation.

But the company does face competitive threats from the likes of other established satellite companies as well as upstarts like SpaceX and Virgin Galactic.

In addition to these corporate threats, it must also grapple with the ongoing technological challenges of space travel and exploration. As astronaut Scott Kelly famously quipped after a SpaceX rocket explosion in 2015, Space is hard.

Space exploration failures can lead to charges in the tens of millions against earnings.

In fact, despite delivering a strong quarterly report earlier this month that topped analyst estimates for both revenues and earnings, the companys shares dipped due to a worse-than-expected announcement about its next-generation fleet of satellites.

Despite this setback, however, the companys brass maintained its revenue and earnings guidance for the rest of the year.

Bottom line: That selloff seemed like a major overreaction to the satellite delay.

And following that report, I reiterated my belief in the company to Speculator members, stating that this company has compiled a long-term track record of success, despite intermittent setbacks, and I believe it will do so again and reap sizable earnings growth as a result.

The company, I said, remains a leading space technology and intelligence company that possesses substantial earnings growth potential over the next two to three years.

And I said that I believed the selloff is affording investors a second opportunity to invest in outstanding speculation.

To learn how to get this outstanding speculation as aSpeculatormember,click here.

Regards,

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SpaceXs Telling Acquisition This Week - InvestorPlace