Is gsat a good buy now

Globalstar (GSAT) appears to be a strong buy at this time. Here's why:

1. Strategic Investment by Apple: The company's expanded agreement with Apple could potentially double its revenue. Apple's investment of $1.5 billion, including $1.1 billion in infrastructure and a 20% equity stake, demonstrates confidence in Globalstar's satellite network.
2. Technical Indicators: Despite a recent increase in price, the technical consensus remains strong. The stock's 5-Day, 10-Day, and 50-Day moving averages are all above the current price, indicating a bullish trend. Additionally, the Moving Average Convergence Divergence (MACD) is -0.01, and the Relative Strength Index (RSI) is 30.98, which suggest a potential for price increase.

3. Support and Resistance Levels: The current support level is $1.2, and the resistance level is $1.53, which the stock is trading close to the support level, suggesting a strong foundation for potential price growth.

4. Analyst Ratings: The consensus rating is a "Strong Buy" with a price target ranging from $1.80 to $5.00, indicating a potential for significant appreciation.
5. Financial Performance: While the company has reported a net loss, the revenue growth rate is positive at 9.65%, and the diluted EPS growth rate is not available but the change in net income shows a significant year-over-year decrease which could be due to the one-time investment or strategic expenses.

6. Market Sentiment: The company's stock price surged by over 28% following the announcement of the Apple agreement, reflecting investor optimism about the company's future.

In conclusion, Globalstar's strategic partnership with Apple, strong technical indicators, and positive market sentiment suggest that it is a good buy at this time. However, investors should monitor the company's financial performance and market developments closely.