AST SpaceMobile (ASTS) Up 35% on Bezos Tie-Up Reports

We recently published a list of 15 Stocks That Stole The Show Last Week. In this article, we are going to take a look at where AST SpaceMobile Inc. (NASDAQ:ASTS) stands against other best stocks that stole the show last week.

AST SpaceMobile rallied by 35.19 percent in just a week of trading, as investors scrambled to ride on the growth opportunities from a potential tie-up with billionaire Jeff Bezos.

Earlier this week, speculations surfaced about a potential tie-up between AST SpaceMobile Inc. (NASDAQ:ASTS) and Blue Origin following an Instagram post by the former’s board member, Adriana Cisneros, showing herself alongside CEO Abel Avellan and Bezos, in a photo.

She also captioned: “Amazing things are happening at AST & Science + Blue Origin.”

Prior to the Instagram post, Blue Origin executives visited the AST SpaceMobile, Inc. (NASDAQ:ASTS) headquarters in Texas, with speculations that discussions may have gone beyond launch logistics to cover broader strategic and financial matters.

An aerial view of a communications satellite in orbit, beaming its signal down to Earth.

AST SpaceMobile, Inc. (NASDAQ:ASTS) already holds a major commercial agreement with Blue Origin for the launch of up to 45 BlueBird Block 2 satellites, with the option to add 15 more.

Overall, ASTS ranks 2nd on our list of best stocks that stole the show last week. While we acknowledge the potential of ASTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.