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Here’s Why Space Stocks are Set to Blast Off

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Space: The final frontier…

Gene Roddenberry, producer and creator of Star Trek, had it right – if only decades early.

At Traders Daily Direction, I’m always working on finding the next major focus for uncovering the best stocks that are set to surge and surge big.

And right now, space stocks are one of the focus groups of companies that have a tremendous amount of potential…

Not just for science fiction entertainment – but real profits.

Today, I’ll discuss what I’m on about and what I’m working on right now to find stocks from companies that are cashing in on space investment.

In the meantime, keep an eye on the terrestrial-based surge stocks that we have for this week inside the Watchlist.

Now, here’s what I’m working on to find the space stocks that are set to blast off…

20 Space Stocks to Keep an Eye On

Outer space…

It is one of the most talked about investment themes today.

The US Department of Commerce (DOC) published a report suggesting we will need 50,000 new satellites by 2030 to track objects in space.

The modern-day space race also includes space tourism.

Amazon (AMZN)’s Jeff Bezos and Virgin Group founder Richard Branson both recently went into orbit in what most viewed as a billionaire space race.

Newly launched exchange traded funds like the Direxion Moonshot Innovators ETF (MOON) are giving investors an easy way to gain exposure to the sector.

Direxion Moonshot Innovators ETF Price — Source: Bloomberg

But with any basket of stocks, you are unlikely to achieve real super performance.

Some of these names will perform well. Others will go to zero.

So, while diversification lowers risk, it also hinders the potential reward.

Which companies will be the top performers of the next decade?

Which stock will be the next Tesla (TSLA, +15,799%), Nvidia (NVDA, +7,597%) or Adobe (ADBE, +2,660%)?

Don’t be surprised if it comes from the space sector.

Here are 20 stocks at the forefront of space exploration with a lot of potential:

There are plenty of bold-faced name stocks on this list – and some that might not register yet with you.

But know that I’m working on these and plenty of others to cash in on the money surging into space stocks.

Stay tuned as we continue to explore this exciting market sector…

Embrace the Surge,

Ross Givens

Editor, Traders Daily Direction

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