Based in Luxembourg, SES produces satellites, one of the few that's publicly traded. Not expensive, but trades only in Luxembourg and Paris. He doesn't recommend investing outside U.S. exchanges. Is up 49% this year. They have 120 satellites and a major ground network. They carry debt from buying a company last year, but the deal adds scale and relevance when all industries want better connectivity. SES can compete with SpaceX. It represents good value.
Based in Luxembourg, SES produces satellites, one of the few that's publicly traded. Not expensive, but trades only in Luxembourg and Paris. He doesn't recommend investing outside U.S. exchanges. Is up 49% this year. They have 120 satellites and a major ground network. They carry debt from buying a company last year, but the deal adds scale and relevance when all industries want better connectivity. SES can compete with SpaceX. It represents good value.