Author holds RKLB as a long-term investment, arguing its valuation underestimates Rocket Lab's future industry role.
RKLB — LONG Author is bullish on RKLB as a long-term hold because he believes current valuation, though seemingly overvalued, underestimates how large a player Rocket Lab will be in the industry over the next ten years. For traders, he suggests waiting for the next pullback before opening a position, while long-term investors need not time the market.
I believe there's more room for the company to grow and current valuation, as much as it may appear overvalued, is underestimating how big of a player RKLB will be in the industry in the next 10 years.