Why These 10 Large-Cap Stocks are Skyrocketing

8. Rocket Lab USA, Inc. (NASDAQ:RKLB)

30-day Return as of January 22, 2025: 15.8%

The stock surged by nearly 16% on January 22, going from $25.59 on December 22, 2024, to $29.62 within 30 days. Rocket Lab USA, Inc. (NASDAQ:RKLB) is an aerospace manufacturing company and launch service provider with a mission to provide crucial data and services to planet Earth.

On January 20, Citi raised its price target for RKLB to $35 from $22, keeping a buy rating on the stock. The analyst firm is expecting positive results from the sector in the fourth quarter of 2024, with solid growth expectations from 2025 as well. The analyst firm also expects defense contractors to remain balanced in 2025.

So far, the company has executed 58 launches and deployed 203 satellites. Some of its biggest customers include NASA, Canon, Darpa, Capella Space, the United States Space Force, and the National Reconnaissance Office. The company has several missions in its pipeline, allowing it to unveil groundbreaking discoveries in 2025 and beyond.