12 Hot Stocks to Buy According to Analysts

2. AST SpaceMobile, Inc. (NASDAQ:ASTS)

Average Upside Potential: 89.79%

Gain Over Past 6 Months: 55.07%

AST SpaceMobile, Inc. (NASDAQ:ASTS) is a US-based satellite designer and manufacturer. The company is building the first and only global cellular broadband network in space which would operate directly with standard, unmodified mobile devices and has been designed for both commercial and government applications.

The AST SpaceMobile differentiation stems from the firm being the only pure play low Earth orbit broadband communications company that is publicly traded, its novel technology solution applicable to a market of 5.6 billion mobile phones and, jointly going to market instead of competing with mobile network operators with hundreds of millions of subscribers. The firm has industry-leading strategic partners, boasting investment, development, and commercial relationships with AT&T, Google, American Tower, Verizon, Vodafone, and Rakuten.

The market opportunity for AST SpaceMobile, Inc. (NASDAQ:ASTS) is extensive, untapped, and expanding considering a $1.1 trillion global mobile wireless services market, a 42% global population without cellular broadband, and nearly 90% of Earth’s surface without cellular coverage.