Jim Cramer Explains Why He Ignored Globalstar for Years

Globalstar, Inc. (NASDAQ:GSAT) is one of Jim Cramer’s stock calls as he discussed the impact of the Iran war on the markets. A caller asked how valuable the company is, and Cramer replied:

I gotta tell you, people told me for years to own that stock. And did I listen? No, I had cotton in my ears, I had wax in my ears, I had holes in my ears. And those I still have. And I’m going to have to say uh-uh, it’s right, and I got it wrong.

Globalstar, Inc. (NASDAQ:GSAT) delivers mobile satellite services and equipment supporting voice, data, IoT connectivity, and asset tracking across industries such as government, energy, transportation, and emergency response. During the September 16, 2025, episode, a caller inquired about the stock, and Cramer responded:

I have to admit, I have waited for this to happen, and it’s finally breaking… It’s finally breaking out.

It is worth noting that since the above comment was aired, the company’s stock has gained over 130% in value.

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