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Space Industry Stocks
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Fri Oct 10 2008

Fri Oct 10 2008

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Space Industry Stocks


Without knowing many specifics about the industry, it would seem like that is accurate reasoning. Any time a macro event like increase governmental spending occurs it will have a material impact on earnings. If they plan on ramping up spending on "space spending" manufacturing companies should see a boom in earnings. It's definitely worth watching, especially if you have specialized knowledge. I also think "space tourism" is something that has a future. When people are willing to pay $20 million for a flight on a Russian space vessel, it tells you there is a huge demand waiting to happen.

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