Rocket Lab Corporation (NASDAQ:RKLB) is one of the 10 Stocks Crushing Market Expectations.
Rocket Lab jumped by 9.03 percent on Monday to finish at $38.88 apiece as investors gobbled up shares amid rosy opportunities from the ongoing feud between President Donald Trump and billionaire Elon Musk.
This followed Musk’s announcement on Monday that he was forming a new American political party called The America Party to take on Republicans and Democrats, a move that has provoked Trump.
Shares in Musk-led Tesla Inc. (NASDAQ:TSLA) dropped following the statement, while investors deemed the spat as a huge opportunity for Rocket Lab Corporation (NASDAQ:RKLB)—a space company that directly competes with Musk’s SpaceX—on expectations that the feud could shift government contracts away from SpaceX.
A launch pad atop a grassy hill, smoke filled sky from a successful voyage to space.
Late last month, Rocket Lab Corporation (NASDAQ:RKLB) successfully launched its 68th Electron rocket, called “Symphony in the Stars” for a confidential commercial client.
The Symphony in the Stars marked the company’s 10th launch in 2025 alone.
While we acknowledge the potential of RKLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
