Stockchase Opinions

Jim Cramer - Mad Money AST SpaceMobile ASTS-Q RISKY Nov 13, 2024

The space sector is loved now. Shares are up 362% this year.

$27.890

Stock price when the opinion was issued

Telecommunications
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DON'T BUY

Is overvalued and it doesn't make money.

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TOP PICK

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX. Social media mentions are up 900% in the past 24h.

DON'T BUY

They have a hideous balance sheet. They need to make money or find an investor.