Virgin Galactic Holdings (SPCE)

For February, we're thinking of the box—out of this world, in fact. We're fond of Virgin Galatic Holdings (SPCE-N), which has rocketed from a one-year low of $9.06 in the early days of the pandemic to orbit $59. Or is that $53? Tough to get a handle on this as it rides the Reddit-induced short squeeze. Whatever altitude SPCE reaches, the stock remains strictly a spec play, and having a long horizon would help. Why SPCE? Revenues would come from space tourism, of course, but in the future the company could enter mining on the moon and launching satellites to drive the oncoming 5G age. Its reusable rockets would keep costs down. Given the short-selling chaos, price targets are suddenly science fiction, but for the sake of due diligence, SPCE's average PT is currently $33, based on five analyst buys and two holds. However, its PE is out of this world, and the stock has missed its last three quarters. Just a caveat.