Reported 3 days ago
In a recent discussion, Jim Cramer advised investors to steer clear of AST SpaceMobile, Inc. (ASTS), citing its lack of earnings and poor balance sheet. However, contrary to his warning, the stock surged by 405.94% post his comments. ASTS is developing the first-ever space-based cellular broadband network for global connectivity. Despite Cramer's negative stance, the company shows potential, ranking third among the stocks he discusses, though other AI investments are seen as more promising.
Source: YAHOO