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Markets · Investing · Business
Finance
If The Market Crashes, This Is The 1 Space Stock I Can't Wait To Buy
AST SpaceMobile is a more compelling space play than SpaceX.
With the S&P 500 trading at a multi-year high of 29 times earnings, possible interest rate hikes on the horizon, and unresolved military conflicts driving oil prices higher, it seems like it's only a matter of time before the market crashes. When that happens, many of the priciest growth stocks will go on sale and become compelling purchases for patient investors.
One of those stocks is AST SpaceMobile(NASDAQ: ASTS), a producer of low Earth orbit (LEO) satellites that was overshadowed by SpaceX's (NASDAQ: SPCX)historic IPO. Let's see why AST SpaceMobile is one of the only space stocks I'd buy in the next market crash.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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