Simon’s Top Stock for August 2021
August 1, 2021
The commercial space economy is go for launch! Recent space flights from billionaire entrepreneurs like Richard Branson and Jeff Bezos have prompted other businesses to consider their own space-based ventures. Opportunities in imaging, satellite internet, and even space tourism could compound in size and eventually become a $1 trillion market by 2040.
But getting to outer space isn’t easy, and there’s still a ton of work to be done before it’s safe or commercially viable. 7investing Lead Advisor Simon Erickson’s Top Stock for August 2021 is playing a crucial role in turning the space economy into a reality.
We’re already familiar with planes, trains and automobiles. But the commercial space economy is the next that’s go for launch.
Outer Space used to only be accessible for government funded missions. But lately, it’s grabbed the attention of billionaire entrepreneurs like Richard Branson, Jeff Bezos, and Elon Musk. And that’s unlocking new opportunities in space tourism, in reusable rockets, and in Satellite Internet. But behind these exciting headlines, there’s still a ton of work that needs to be done to make outer space commercial reality.
I’m 7investing lead advisor Simon Erickson and my Top Stock for April is a company who is enabling a trillion dollar market opportunity.
Industry experts believe that the space economy could be worth more than $1 trillion dollars by 2040. Satellite imagery, sensing, and telecommunications are serving as the foundation — err, orbital ceiling — for a new “space as a service” business model.
The company that I’m recommending for 7investing this month isn’t getting as much attention as SpaceX or Virgin Galactic. But it’s serving as a much needed disrupter that I think is capable of producing incredible investment returns.
To see the name of the company that I’m recommending, as well as all seven of our stock recommendations this month, simply click on this link to get started and launch your subscription to 7investing today.
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