Rocket Lab USA, Inc. (RKLB) is a top multibagger stock with a 1-year gain of 419.50%.

From Yahoo Finance: 2025-04-23 17:41:00

Rocket Lab USA, Inc. (RKLB) is among the top multibagger stocks, with a 1-year gain of 419.50%. The aerospace and defense company offers space solutions and has seen a surge in demand. It was included in the Nation Security Space Launch program, potentially securing $5.6 billion in contracts.

Despite market turmoil, billionaire investors are eyeing undervalued stocks. Rocket Lab (RKLB) ranks 8th on the list of multibagger stocks. While RKLB shows promise, AI stocks may offer higher returns in a shorter time frame. Consider exploring AI stocks for potential opportunities.

The recent market volatility, triggered by US trade tariffs, led to a 6% drop in the S&P 500. Billionaires and Wall Street figures are cautious, with warnings of prolonged market routs. Amidst uncertainty, some stocks are undervalued, presenting buying opportunities for investors following billionaire trends.

Hedge funds hold 37 Rocket Lab (RKLB) shares, while 8 billionaires also own the stock. RKLB’s inclusion in government space programs and defense contracts has boosted its stock by over 400%. The company’s potential for further growth and lucrative contracts make it an attractive investment option.

Read more: One of the Best Multibagger Stocks to Buy According to Billionaires