3 Growth Stocks to Buy Instead of SpaceX
Space Exploration Technologies has rallied more than 50% from its lows and has been gaining momentum after successfully launching chips made by Alphabet 's Google into space. However, a $2 trillion market cap against $7.8 billion in Q2 revenue leaves a lot to be desired. A projected $100 billion in annual recurring revenue by the end of 2026 will certainly help matters, but it still results in a price-to-sales ratio above 20. These three stocks below have more reasonable valuations, solid growth rates, and rising profit margins. Image source: Getty Images. Continue reading