Is Intuitive Machines Stock a Buy Now?

The current market downturn may have some investors running for the safety of conservative stock picks. Others, however, recognize today as a great time to pick up out-of-this-world growth stocks at a discount. Intuitive Machines (NASDAQ: LUNR), for example, fits the bill perfectly. After rocketing 611% higher in 2024, the space stock has come back to Earth and plunged 53% so far in 2025 as of this writing.But does this pullback mean that it's a good time to click the buy button, or is it better to watch Intuitive Machines from a distance for the time being? Let's take a closer look at the bull and bear cases.It's may be difficult to tell by simply looking toward the stars, but the space economy is booming. Consulting firm McKinsey & Company estimates that the global space economy was valued at $630 million in 2023, and will rise to $1.8 trillion over the next decade. This presents a sizable market opportunity for Intuitive Machines, which has its hands in the following: lunar access services, orbital services, lunar data services, and space products and infrastructure.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool