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Taking Flight from the Mothership Apple

DA
DailyInvestorsInvested
Community Contributor

Published

November 05 2024

Updated

November 05 2024

GlobalStar or known in the stock market as "GSAT" has been on a flight with their new partnership from the mothership Apple. Apple has announced they will be supporting "GSAT" with over 15 billion American Dollars. This company is currently up 60% this week. Most penny stocks, go up from swing trades. This is a different case. A little company that is growing. Currently Green again today, but what seperates this Company from all the other's. It is being backed up by Apple. Apple has been around for centuries. Even Adam and Eve had a Apple 😉. Our fair value for GSAT for the year, is $3 for a fair value. Think of it this way, you can buy a scratch off for $2 and maybe win. Or you can go with our research with $2 and know what the likely event will be. That is more money in your Pockets

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Disclaimer

The user DailyInvestors has a position in NasdaqGS:GSAT. Simply Wall St has no position in any of the companies mentioned. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

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Fair Value
US$3.0
711.0% overvalued intrinsic discount
DailyInvestors's Fair Value
Future estimation in
PastFuture-790m484m20132016201920222024202520282029Revenue US$484.3mEarnings US$50.9m
% p.a.
Decrease
Increase
Current revenue growth rate
11.83%
Telecom Services and Carriers revenue growth rate
4.22%