My pick this week is $SpaceX(SPCX.US)because I believe its potential catalysts extend beyond short-term earnings. Morgan Stanley’s Adam Jonas maintains an Overweight rating with a $300 price target, forecasting Q3 revenue of $13 billion and adjusted EBITDA of $6.9 billion. Although its market cap has declined nearly 15% over the past eight sessions, I see the upcoming Starship 15th flight in early November, potentially including a ship catch attempt, as a major event that could reshape market sentiment.

What makes SpaceX stand out to me is its long-term growth potential across launch services, Starlink and future space infrastructure. If Starship continues to make technical progress, it could improve launch economics and expand commercial opportunities over time. Of course, I would not ignore execution risks or treat analyst forecasts as guaranteed outcomes. I would watch the earnings numbers alongside upcoming milestones, because I believe the combination of financial performance and technological progress could be the key driver of its next move. I prefer to stay patient and let the results speak for themselves rather than chase short-term hype.