Down 30%, Is AST SpaceMobile Stock a Can't-Miss Opportunity Today?

The market is soaring as investors push the artificial intelligence (AI) growth theme into overdrive. Not all stocks have been invited to the party. In fact, many stocks are down big this year, including satellite internet disruptor AST SpaceMobile (NASDAQ: ASTS). The company and its investors are fearing an increasing encroachment from the elephant in the room: SpaceX.Shares of AST SpaceMobile have sunk 30% over fears of competition from Elon Musk's rocket launch and satellite internet giant. But these fears may be an overblown threat to AST SpaceMobile's business. Does that make the stock a can't-miss opportunity for investors today?Today, anyone looking to access satellite internet needs a terminal, large antenna, or satellite dish to capture the internet signal from space. AST SpaceMobile's innovation in large satellite arrays is disrupting the need for these clunky devices. With these huge satellites -- as well as partnerships with telecommunications providers -- AST SpaceMobile is building a constellation that can beam internet directly to mobile devices.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool