Virgin Galactic Sends Tourists to Edge of Space – Here’s How to Know if the Stock Is a Buy
What to expect over the next month…
Virgin Galactic Sends Tourists to Edge of Space — Here's How to Know if the Stock Is a Buy
After buying a ticket 18 years ago, Jon Goodwin (a former athlete who competed in canoeing in the 1972 Olympics) was finally able to use it on August 10 – the ticket was for a ride to the edge of space.
Also joined by a mother and daughter, the trio became the first ticketholders for a 72-minute space tourism trip from Virgin Galactic Holdings Inc. (SPCE).
Source: Virgin Galactic X Account
"This is by far the most awesome thing I've ever done in my life," Goodwin said after the journey.
No, it's NOT ChatGPT... (It's not Microsoft, Google, NVIDIA, or any of the other big players you've likely heard about either!) It's a tiny sub-$5 stock!
After the successful launch, Virgin Galactic will now start sending the other 800 individuals who bought tickets to the edge of space — tickets are reportedly as high as $450,000.
Although this all still sounds a little futuristic and pricey, space tourism is a very real industry.
The United States space tourism market was valued at $201.5 billion in 2022 and is expected to be worth $3.8 billion by 2032.
That's why, after the Virgin Galactic trip, I wanted to do a quick dive into any investable opportunities.
And after I did, I quickly found one.
Within our brand-new AI-harnessing Predictive Alpha product, we've created a predictive trading tool that can tell you where a stock will be trading a month into the future.
It can spotlight winners… and do it over and over again.
Let me show you its prediction for Virgin Galactic over the next month.
Virgin Galactic Stock Set for Takeoff
By September 11, our AI-stock picker, which we refer to as An-E, predicts (prediction is as of this writing and can change based on new information) that Virgin Galactic is expected to rocket over 9% higher.
Virgin Galactic ranks 55 out of 3,000 assets in our trackable basket, classifying it as one of the top 100 opportunities over the next month for short-term gains.
Imagine you could ask an A.I. program what price Google stock is going to be next month...
Or how much the price of gold is going up or down...
And what if it could predict those outcomes with astonishing accuracy?
Well, believe it or not, one of the world's leading financial tech companies, a company called TradeSmith, launched a program recently that does exactly that...
As I mentioned earlier, space tourism is a growing industry and will eventually be worth billions of dollars in the United States. But what we are focused on here is the short-term windfall with a quick potential gain.
Because that's how you gain a "predictive edge" that can allow you to stack up short-term win after short-term win and "pad" your total investing returns even higher.
Get into a rhythm where you're averaging at least 1% a week, and you're looking at an annualized equivalent of 52% — like packing four years of market returns into a single 12-month stretch.
As mentioned earlier, our basket of 3,000 trackable assets is ranked from the very best opportunity to the least.
And as you can see in the image below, the top-three opportunities as of this writing suggest prices could climb 16.23%… 16.44%… and 17%, respectively.
The thing is… that's not predictions for the next year.
TradeSmith is not registered as an investment adviser and operates under the publishers' exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith's content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results.
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