What Happened?

A number of stocks fell in the afternoon session after markets reacted to President Trump's threat to "completely obliterate" Iran's energy infrastructure and the critical Kharg Island hub. 

The ultimatum raised the specter of a total energy supply shock. Notably, Kharg Island handles 90% of Iran's crude exports. The escalating rhetoric, including potential ground force deployment to seize fuel hubs, drove a flight to safety.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Construction and Maintenance Services company Primoris (NYSE: PRIM) fell 7.2%. Is now the time to buy Primoris? Access our full analysis report here, it’s free.
• Aerospace company Rocket Lab (NASDAQ: RKLB) fell 7.8%. Is now the time to buy Rocket Lab? Access our full analysis report here, it’s free.
• Aerospace company Curtiss-Wright (NYSE: CW) fell 5.5%. Is now the time to buy Curtiss-Wright? Access our full analysis report here, it’s free.
• Renewable Energy company American Superconductor (NASDAQ: AMSC) fell 5.6%. Is now the time to buy American Superconductor? Access our full analysis report here, it’s free.
• Defense Contractors company BWX (NYSE: BWXT) fell 6.5%. Is now the time to buy BWX? Access our full analysis report here, it’s free.

Zooming In On Rocket Lab (RKLB)

Rocket Lab’s shares are extremely volatile and have had 79 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 5 days ago when the stock gained 9.9% on the news that reports of a potential IPO for space industry peer SpaceX fueled sector-wide optimism, adding to positive momentum from a recent major contract win and a new analyst rating. 

The stock's climb was also supported by news from the previous week when Rocket Lab announced a $190 million contract to deliver 20 hypersonic test flights. This agreement brought the company's launch backlog to more than 70 missions. 

Adding to the positive sentiment, brokerage firm Clear Street recently initiated coverage on the stock with a "Buy" rating and an $88 price target. Broader industry excitement was also present after NASA unveiled a $20 billion 'Ignition' plan to construct a moon base, which could create future opportunities for space companies.

Rocket Lab is down 24.2% since the beginning of the year, and at $57.58 per share, it is trading 40.2% below its 52-week high of $96.30 from January 2026. Despite the year-to-date decline, investors who bought $1,000 worth of Rocket Lab’s shares 5 years ago would now be looking at an investment worth $5,050.

ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all.

Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.