Revolutionary 3 Shares-Part I-

Virgin Galactic-

  Revolutionary 3 Shares-Part I-Virgin Galactic-   3 stocks for investors looking for innovative firms with an asymmetric risk-reward profile: -Virgin Galatic Holdings (NYSE: SPCE) -CRISPR Therapeutics (NASDAQ: CRSP) -Churchill Capital Corp IV (NYSE: CCIV)  Let's examine in detail why these 3 stocks, which had a return of 56 % to 193 % in the last 12 months, are among the revolutionary stocks. -Virgin Galactic Commercial space transport company Virgin Galactic; recorded a net loss of more than $ 273 million with no sales. Ambition is the only reason Richard Branson's space transport company, with a market value of $ 8.7 billion, is on this list. The primary goal of the company is to organize flights to an orbital level higher than the current orbit of the International Space Station (ISS) for $ 250,000 and provide space views to those who can afford this journey. 1000 people have already registered for this flight. In other words, Virgin Galactic expects an income of nearly 250 million dollars with its current portfolio.   Revolutionary 3 Shares-Part I-Virgin Galactic   Initially governments would have to fund astronomical programs because of contracting firms. Therefore, they were subjected to high profit margins in addition to huge bureaucratic resources to ensure inter-company coordination. But in order not to let the Soviet Union win the Space Race, the US government welcomed them. At that time, space travel was more or less due to the need to stop the spread of communism, and little attention was paid to the actual costs of the program. Today, Virgin Galactic has had the opportunity to reduce its costs considerably by manufacturing spacecraft and their parts in-house. It will not be surprising that commercial space travel becomes widespread in the next 30 years. Technology continues to evolve rapidly, but it's hard to convince customers to pay half a million dollars for another spaceflight after the first. That's why Virgin Galactic appears to be an investment tool that should be held in the long run.

Source:The Motley Fool

 

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