Globalstar, Inc. (NYSEAMERICAN:GSAT) could be one of the biggest winners in the stock market this year. Globalstar stock finished 2022 up by 10%, which was far better than the performance of the S&P 500, which ended the year flirting with a bear market.
The outlook for GSAT stock in 2023 is even brighter, with analysts calling for shares of Globalstar, Inc. to rally between 148% and 254%.
Why the enthusiasm for Globalstar stock?
This post appeared first on Profit Confidential.