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Everyone Is Talking About SpaceX. Here Are 2 Growth Stocks I Like Much Better.

The Motley Fool·
Everyone Is Talking About SpaceX. Here Are 2 Growth Stocks I Like Much Better.

While SpaceX has generated significant buzz and raised $86 billion in its IPO, the article argues that MercadoLibre and On Holding are superior growth stock investments. MercadoLibre is growing faster than SpaceX at 49% revenue growth year-over-year, is already profitable, and trades at a more reasonable 43x trailing earnings. On Holding is expanding its premium athleticwear brand with strong margins and growing brand penetration, trading at 39x trailing earnings. Both stocks offer better value and growth prospects compared to SpaceX's expensive valuation and lack of profitability.

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