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Globe and Mail
3 hours ago
- Business
- Globe and Mail
Could Buying AST SpaceMobile Stock Today Set You Up for Life?
AST SpaceMobile (NASDAQ: ASTS) is an exciting stock. It has such an interesting story backing it that some investors might wonder if buying in now could help to set them up for life. That is possible, but there's one small problem that you need to consider before stepping in here. This is what you need to know about AST SpaceMobile before you buy it. What does AST SpaceMobile do? AST SpaceMobile operates a satellite-based broadband cellular network. It is really just starting to build out that network, but it has some of the most important markets covered. That list includes the United States, Europe, and Japan. When it actually turns the network on, it should be ready to hit the ground running. One of the key features of AST SpaceMobile's business model is that it is working in partnership with some of the world's largest telecom companies. That list includes both AT&T and Verizon Communications. These providers have massive customer bases, to which they will market AST SpaceMobile's service as an add-on. The benefit is that satellite access, using a customer's existing cellphone, ensures phone service in virtually all locations. The longer-term goal for AST SpaceMobile is to provide worldwide coverage. Essentially, with no additional outlay for technology, a cellphone customer will eventually be able to ensure they have access to the internet and communications networks the world over. All it will require to take advantage of that "insurance" is a monthly fee, though there are also likely to be other options for those who only need such coverage for a short duration of time. This is a compelling story and hints that there could be a huge amount of growth ahead. That will first come from simply rolling out the service in currently covered regions. But then it will expand as AST SpaceMobile's satellite network grows over time. The problem with AST SpaceMobile So that's the glass-half-full view of things, and it is a compelling story for investors to consider. But there are always caveats to think about, and there are two big ones with AST SpaceMobile. First, launching satellites into space is not a cheap or easy thing to do. Execution will be very important. However, AST SpaceMobile only directly controls just so much of its business on this front. Even if it can build new satellites at a rapid clip, it has to get them launched into space by a third party. It's possible for spaceships to blow up, destroying their contents. A big disaster on that front would be a costly setback for AST SpaceMobile, even though it had little control over the outcome of the launch event. And that assumes that AST SpaceMobile executes very well on what it can control, which isn't a given. Second, and perhaps more worrying, is the fact that Wall Street is clearly aware of the opportunity AST SpaceMobile presents. The stock is up more than 400% over the past year, and by nearly 600% over the past three years. Even as the stock has risen in meteoric fashion, the company still has yet to turn a profit. ASTS data by YCharts. It looks like Wall Street may already be pricing in a lot of good news here. In fact, the recent stock price advance has been so swift that it hints that investors may have gotten a little overenthusiastic about the company's prospects. Sure, the long-term opportunity could be huge, but how much of that appeal has already been baked into the share price? A price-to-earnings ratio of roughly 20 would require earnings of around $2 per share, which seems like an unlikely outcome over the near term given the large need for capital investments (to build and launch additional satellites). AST SpaceMobile is expensive So there's no question that AST SpaceMobile, assuming it executes well, has a very attractive story behind it. That's not the problem with the stock. The problem is that Wall Street often gets a story in its teeth and runs too far and too fast with it. That seems like it might be happening with AST SpaceMobile right now. If you buy it, remember that it is still just a start-up company. You may have to stick around for a long time to benefit given the swift price advance already experienced by the shares. Worse, you may have to sit through a deep drawdown if there are any setbacks, or if the business doesn't develop quickly enough for Wall Street. In other words, AST SpaceMobile is probably only appropriate for more aggressive investors with a very long-term investment horizon. Should you invest $1,000 in AST SpaceMobile right now? Before you buy stock in AST SpaceMobile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AST SpaceMobile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor 's total average return is1,048% — a market-crushing outperformance compared to175%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025
Yahoo
7 hours ago
- Business
- Yahoo
3 Key Factors That Make AT&T (T) a Top Pick for 2025
AT&T Inc. (NYSE:T) is one of the Best Stocks to Buy for Dividends. Ken Wolter / In recent years, the company has moved away from non-core businesses such as DirecTV and Time Warner, refocusing on its core operations in wireless and fiber connectivity. This renewed focus allows the company to better meet growing customer expectations for faster and more dependable service. As a result, profit margins have improved, cash flow has shown consistent growth, and the company has reduced its debt by $45 billion since John Stankey became CEO in July 2020. Secondly, AT&T Inc. (NYSE:T) typically competes in a limited field, mainly with Verizon and T-Mobile in wireless, and smaller regional players in cable. With few rivals able to match its scale, the company benefits from long-term stability. Its continued investment in fiber strengthens this advantage. As telecom remains essential to daily life, AT&T is well-positioned for lasting success through 2030 and beyond. In addition, AT&T Inc. (NYSE:T) maintains a solid cash position, providing enough support for its dividend payments. Over the past twelve months, the company generated $40.2 billion in operating cash flow and $14.4 billion in levered free cash flow. Although investors may hope for higher free cash flow to cover capital spending, reduce debt, or raise dividends, the current levels are sufficient to maintain the company's existing dividend. AT&T Inc. (NYSE:T) currently offers a quarterly dividend of $0.2775 per share and has a dividend yield of 3.98%, as of June 25. While we acknowledge the potential of T 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: and . Disclosure. None. Sign in to access your portfolio
Yahoo
7 hours ago
- Business
- Yahoo
3 Key Factors That Make AT&T (T) a Top Pick for 2025
AT&T Inc. (NYSE:T) is one of the Best Stocks to Buy for Dividends. Ken Wolter / In recent years, the company has moved away from non-core businesses such as DirecTV and Time Warner, refocusing on its core operations in wireless and fiber connectivity. This renewed focus allows the company to better meet growing customer expectations for faster and more dependable service. As a result, profit margins have improved, cash flow has shown consistent growth, and the company has reduced its debt by $45 billion since John Stankey became CEO in July 2020. Secondly, AT&T Inc. (NYSE:T) typically competes in a limited field, mainly with Verizon and T-Mobile in wireless, and smaller regional players in cable. With few rivals able to match its scale, the company benefits from long-term stability. Its continued investment in fiber strengthens this advantage. As telecom remains essential to daily life, AT&T is well-positioned for lasting success through 2030 and beyond. In addition, AT&T Inc. (NYSE:T) maintains a solid cash position, providing enough support for its dividend payments. Over the past twelve months, the company generated $40.2 billion in operating cash flow and $14.4 billion in levered free cash flow. Although investors may hope for higher free cash flow to cover capital spending, reduce debt, or raise dividends, the current levels are sufficient to maintain the company's existing dividend. AT&T Inc. (NYSE:T) currently offers a quarterly dividend of $0.2775 per share and has a dividend yield of 3.98%, as of June 25. While we acknowledge the potential of T 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: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 hours ago
- Sport
- Yahoo
Dodgers vs. Royals Highlights
Rafael Devers trade, Shohei Ohtani on the mound, and Mets face the NL East | New York 4 To 7 On New York 4 To 7 presented by Verizon, SNY's Niki Lattarulo is joined by Anthony DiComo to break down the Mets backlog in the infield, react to the Rafael Devers trade, and assess Shohei Ohtani's return to the mound. The two also share some insight as to how the Phillies and Braves have been this season as New York enters a 10-game stretch against their two biggest NL East rivals.
Phone Arena
18 hours ago
- Business
- Phone Arena
Verizon's ghost $50 Amazon gift cards keep disappearing before they can be claimed
Verizon continues to offer really cool promotions and deals to its customers, and it continues to mess things up. The carrier has been offering a $50 Amazon gift card to numerous users, however, said users often find that the offer has disappeared by the time they try to claim it. Multiple instances of this $50 Amazon gift card deal have been appearing online across social media. Apparently, the Verizon app offers the deal randomly, but then it often throws up an error of sorts that prevents users from claiming the gift card. Sometimes the app gives the user a countdown timer, after which they'll be eligible for the gift card. When the timer runs out, the offer disappears, or the app crashes and then the deal is nowhere to be found. Other times, the Verizon app simply shows the user an error message, and then the offer disappears from the menus. There are dozens of Verizon customers angrily proclaiming that they've been scammed, or that the network company really needs to, ironically enough, fix their network. Verizon remains a dominant player in the U.S. | Image credit — Verizon This isn't anything new for the carrier. In fact, it's almost like Verizon is trying to lose customers. After Verizon's pricing crisis, this sort of thing has become quite an expected occurrence. I have no idea why Verizon is doing this, or if it even knows that this is happening. From what I can gather, the company is desperately trying to retain existing customers. Users keep being offered excellent promotions at random, or when they seem to indicate that they're thinking of switching carriers. However, Verizon 's price increases keep screwing over other users, and deals like the aforementioned $50 Amazon gift card just stop working. Verizon is hardly the only American telecom company that users are displeased with. T-Mobile, despite its rapid growth, has drawn the ire of its customers due to removing plans that included taxes and additional fees. The carrier also recently delisted Go5G plans, and its price hikes and insistence on the T-Life app have angered many a user. However, if random goodies appeal to you, then T-Mobile Tuesdays probably means that you'll be a lot happier with the 'un-carrier'. Hopefully, Verizon will take note of this problem soon, and offer this deal once more to people who missed out due to errors or crashes. The company can't afford to lose any more goodwill, in my opinion. Secure your connection now at a bargain price! We may earn a commission if you make a purchase Check Out The Offer
