Viasat’s stock soared over 10% after signing a supply contract with the U.S. military’s Space Force, leading to a 10% increase in stock price compared to the S&P 500 index. The company will design and develop a satellite system for the project, which is set to last seven months. Financial details of the contract were not disclosed, leaving uncertainty about its impact on the company’s fundamentals. Investors are advised to consider other top stock picks by the Motley Fool’s Stock Advisor team, as Viasat did not make the list of top 10 stocks with potential for high returns.

Read more at Nasdaq: Why Viasat Stock Was Zooming Higher Today