The Zacks Analyst Blog Highlights: Amazon, Tesla, Virgin Galactic, Boeing And Lockheed Martin
Zacks Investment Research | Dec 29, 2019 08:56PM ET
For Immediate Release
Chicago, IL – December 30, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Amazon (NASDAQ:AMZN) , Tesla (NASDAQ:TSLA) , Virgin Galactic Holdings (NYSE:SPCE) , Boeing (NYSE:BA) and Lockheed Martin (NYSE:LMT) .
Here are highlights from Friday’s Analyst Blog:
Space Tourism to Be a 2020 Craze? Stocks in Focus
The space tourism sector is heating up with the major players getting close to their goal of delivering various forms of commercial spaceflight by 2020.
Notably, NASA’s decision to open up the International Space Station for tourism and other private ventures from 2020 is a key catalyst in expanding the scope and market of space tourism.
Space Tourism Prospects Aplenty
Space tourism, also known as “citizen space exploration” or “personal spaceflight”, has become an attractive space due to strong consumer spending.
However, the biggest roadblock for the success of space tourism is the high cost of travel. Notably, a trip to the International Space Station will cost around $35K per day of stay while a return ticket will cost around $60 million.
The cost of getting into space will decline if the next generation of space planes can reach the orbit, making it an economically feasible option for a larger customer segment. This will also help the market to expand rapidly.
Per marketstudyreport.com Original post
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