Globalstar, Inc. (NASDAQ:GSAT) is a top telecom stock to invest in, per Deutsche Bank. GSAT’s strategic spectrum gained value after the Echostar and SpaceX deal, causing the stock to double in three months. GSAT is expanding its mobile satellite services in Central and South America with new tracking antennas.
GSAT provides satellite and terrestrial connectivity services globally. While GSAT is promising, other AI stocks may offer more upside. For insights on an undervalued AI stock primed for growth, check out the free report on the best short-term AI stock. Find more stock recommendations on Insider Monkey’s website.
Read more at Yahoo Finance: Globalstar (GSAT) Gains Strategic Value From Apple Direct-to-Device Partnership
