Value investors know that the long game is important when picking a stock. Short term gains fluctuate, but solid fundamentals mean that a company will outperform over the long-term regardless of temporary ups and downs in the market.
A few decades ago the field of technology was in its infancy and the computer space was considered highly risky and volatile. Of course, anyone who bought into companies like Apple or Intel back then are certainly reaping the rewards today.
Technology is still an investor's best bet for finding the next breakout industry. Right now IoT (Internet of Things) is the frontrunner with advances being made in data storage, infrastructure, and other forms of "smart" tech. Big data stocks and chipmakers have already seen big gains in the past couple of years and should continue to thrive. But there's another industry that looks very much like computers did back in the late 70's and early 80's – spaceflight.
The introduction of commercial space agencies is brand new. Richard Branson helped kick off the new space race with his Virgin Galactic company and now Elon Musk and Jeff Bezos have joined in with their SpaceX and Blue Horizons companies.
While still privately owned entities, there are still ways for investors to hop aboard this exciting new enterprise. Satellite telecommunications hasn't been an industry in focus for Wall Street analysts, but rapidly growing interest in spaceflight and space-related technology means that these companies may be about to enter a new bullish environment that could last decades. Continue reading "A Value Stock That's Out Of This World"
