Jim Cramer on AST SpaceMobile: “I Think It Can Make Money in Two Years”

AST SpaceMobile, Inc. (NASDAQ:ASTS) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday's market rotation. A caller inquired what one should do if they do not have a position in the stock. Here's what Cramer had to say: I think it's a great speculative stock. I really do… I think it can make money in two years. I would go for it. I really would, especially because it's just taking that break. Photo by Artem Podrez on Pexels AST SpaceMobile, Inc. (NASDAQ:ASTS) builds and operates the BlueBird satellite network. The company delivers space-based cellular broadband that connects directly to standard smartphones. An Investing Club member inquired about the stock during the June 18 episode, and Cramer responded: Alright, now, we looked at all these satellite and rocket stocks and came back with a very mixed view of them because they're so hit or miss. This one right now is on the miss cycle. Now, strangely, when in the miss cycle, I like them. When they hit… hit cycle, I don't. This is low enough that I think you ought to take, it's a flier, remember, you're allowed to have, every five stocks, you can have one that is speculative. For every five stocks… of that I want rigor, you can have one that is just about your heart. How about that? And anyway, it is passion versus rigor, and it's speculation versus pure investment. I don't mind people having one of each and one of each. While we acknowledge the potential of ASTS 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: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.