TheStreet Pro Stephen Guilfoyle cautiously excited about Rocket Lab and SoFi Technologies, his heaviest exposures. He took profits recently and added to positions amid market volatility. Rocket Lab’s stock beat earnings expectations and has climbed 61% this year. Analysts see benefits from an executive order to boost U.S. competitiveness in the space industry.

Guilfoyle canceled immediate target price for Rocket Lab, waiting for stock to approach 50-day moving average. SMA helps identify trends and entry/exit points. Rocket Lab investors took profits ahead of Fed symposium. Guilfoyle sees bullish trend pattern, buyers supporting stock. His target price for Rocket Lab is $55.

President Trump’s executive order aims to cut regulatory hurdles in the space industry. Analysts see Rocket Lab and Intuitive Machines benefiting. Faster approvals could help scale operations and capture contracts. Guilfoyle has a $54 price target for Rocket Lab and a $16 target for Intuitive Machines.

SoFi plans to launch an international money transfer service using blockchain technology. CEO Anthony Noto says blockchain allows faster money movement and secured lending. SoFi to offer stablecoins and staking features. Citi raises price target for SoFi to $28, citing momentum and stable credit trends.

Read more at Yahoo Finance: Veteran trader weighs in on Rocket Lab and SoFi