{"id":644042,"date":"2026-06-17T19:49:09","date_gmt":"2026-06-17T19:49:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/644042\/"},"modified":"2026-06-17T19:49:09","modified_gmt":"2026-06-17T19:49:09","slug":"jim-cramer-on-rocket-lab-while-the-stocks-cheaper-than-spacex-its-still-pretty-darn-expensive","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/644042\/","title":{"rendered":"Jim Cramer on Rocket Lab: \u201cWhile the Stock\u2019s Cheaper Than SpaceX, It\u2019s Still Pretty Darn Expensive\u201d"},"content":{"rendered":"\n

Rocket Lab Corporation (NASDAQ:RKLB<\/a>) was among Jim Cramer\u2019s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year\u2019s IPOs<\/a>. Cramer called it a \u201cwell-loved space stock,\u201d as he stated:<\/p>\n

Next up is Rocket Lab, RKLB. Now, this is a well-known and well-loved space stock. It\u2019s not undiscovered anymore, and the valuation reflects that. Rocket Lab\u2019s a one-stop shop. It builds the rockets that fly to space and the satellites that operate once they get there. Just today, it joined the Nasdaq-100, but even that was enough to pop up the stock, which dropped 11%. Again, it\u2019s because it\u2019s a source of funds for SpaceX. Right now, space systems generates the lion\u2019s share of the company\u2019s revenue due to some massive prime manufacturing contracts.<\/p>\n

They make individual satellite components and build custom spacecraft for clients. Electron, its signature small-lift orbital rocket, has matured into a reliable platform for launching small satellites. Rocket Lab achieved more than 20 launches last year. The company\u2019s on track for even more launches this year. Launches are hard to do. At the same time, they have this other platform, it\u2019s called HASTE, which\u2026 the military uses for supersonic test payloads. That gives Rocket Lab exposure to the defense budget, and there\u2019s a lot of meat in there, lots of fat too. Why don\u2019t we call it marbled? Then there\u2019s Neutron, the company\u2019s next-generation medium lift rocket that could push Rocket Lab into more mainstream commercial and national security launches.<\/p>\n

That said, while the stock\u2019s cheaper than SpaceX, it\u2019s still pretty darn expensive, trading at 65 times sales, not earnings, sales. You have to pay up for the 64% growth it delivered in the latest quarter. Now, given that the stock\u2019s still up nearly 300% over the past 12 months, there is no reason to chase this one at all. While Rocket Lab is the cleanest way to play space infrastructure, I think you can get a much better entry point if you just wait for more of a pullback.<\/p>\n

A stock market data. Photo by AlphaTradeZone on Pexels<\/p>\n

Rocket Lab Corporation (NASDAQ:RKLB) provides launch services, spacecraft design, manufacturing, and on-orbit management solutions.<\/p>\n

While we acknowledge the potential of RKLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Rocket Lab Corporation (NASDAQ:RKLB) was among Jim Cramer\u2019s stock calls on Mad Money, as he highlighted worthy space…\n","protected":false},"author":2,"featured_media":644043,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[4836,11021,90,416,56,54,55],"class_list":["post-644042","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-jim-cramer","tag-rocket-lab","tag-science","tag-space","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/644042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=644042"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/644042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/644043"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=644042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=644042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=644042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}