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Jim Cramer on AST SpaceMobile: “I Like Space, I Like This One”

by FeeOnlyNews.com
2 months ago
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Jim Cramer on AST SpaceMobile: “I Like Space, I Like This One”
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AST SpaceMobile, Inc. (NASDAQ:ASTS) was among the stocks Jim Cramer highlighted, as he discussed the massive AI infrastructure buildout. Answering a caller’s question about the stock, Cramer said:

Okay, I like space. I like this one. I like, I gotta tell you, I think there’s a lot to recommend for speculating on space, and that’s what I’ve been recommending. Not a lot of speculation away from that, but that one, I think, works.

Photo by Artem Podrez on Pexels

AST SpaceMobile, Inc. (NASDAQ:ASTS) builds and operates the BlueBird satellite network. The company delivers space-based cellular broadband that connects directly to standard smartphones. During the April 15 episode, a caller asked for Cramer’s advice on the stock, and he replied:

I like it very much. You know, I think that they’ve got a unique property. Look, I’m not calling for a takeover here, not necessarily, but after what I saw happen with Globalstar and Amazon, I mean, come on, let’s own this one.

While we acknowledge the potential of ASTS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.



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