Thanks for sending in questions and feedback!

Every Saturday I respond to reader emails in the AskDavis@paradigmpressgroup.com inbox.

Here are my responses to this week’s emails:

What in the world is going on with AST SpaceMobile (ASTS) stock? I refer to this company as my “golf” stock. No matter how much money I spend, I still suck and lose. – Chris

Chris, the golf analogy is great. 😂

I'm sure you're not laughing quite as much when you check your brokerage account. I’m a shareholder myself, so I feel your pain.

ASTS sold off this week after SpaceX announced a major spectrum acquisition that strengthens its ability to compete with traditional wireless carriers.

But here’s what the market is misunderstanding.

SpaceX’s acquisition actually makes ASTS even more strategically relevant.

If SpaceX is competing directly with carriers by becoming one itself, ASTS is now the obvious partner for existing carriers, as it’s the only direct-to-device operator whose business is actually partnering with carriers.

I’m still holding ASTS shares in my personal portfolio. And it’s high on the watchlist for addition to my Million Mission portfolio.

Are you worried at all about Micron (MU), given that it's not performing well? The earnings and guidance were awesome, but it seems the buyers aren't coming in. – Dennis

Thanks for the question, Dennis. I’m not worried about Micron or the wider AI trade right now.

Earnings estimates continue to move higher. And the AI buildout is definitely not stopping.

The date that I’ve got circled on my calendar is December 9. On this day, Micron’s restriction period tied to its CHIPS Act funding expires, allowing Micron to return cash to shareholders through buybacks and dividends.

I expect this to give the stock a major boost in the months to come.

I'm new to investing and I'm trying to gather as much info as I can. Do you have any recommendations for several different investments that would be good for someone just learning and starting? – Angela

Hi, Angela. Here’s what I tell friends and family when they ask me a similar question:

Take a small amount of money you can afford to lose and buy a stock you're already familiar with.

Maybe that's Apple because you own an iPhone and a Mac. Or maybe it's Starbucks because you stop there every morning.

Then follow the news on that stock. The stock went up 5% in a day? Find out why. The stock went down 5% in a day? Find out why.

In addition, I typically recommend people put the majority of their long-term investment money in an S&P 500 fund – like SPY or VOO.

This allows you to own America’s 500 largest public companies with the click of a button.

Do you have any thoughts or information on the stock Firefly Aerospace (FLY)? – Sandra

FLY is early and it’s speculative. But my broader theme of “Now is a good time to buy space stocks” applies to FLY as well.

I talked yesterday about how beaten down these companies have gotten since the SpaceX IPO.

Ultimately, I don’t think they stay down for long.

I just checked out your portfolio and did not see Uber (UBER). What's up? I've been out of touch with the market for a while. – Edward

Hi, Edward. I sold Uber in late September. You can read my thought process here.

And to be clear – I still like the stock. I just don’t want to wait around in my Million Mission portfolio.

In fact, I still own shares in my personal portfolio.

Swarmer (SWMR) shot straight to $80+ but not for long. Now it’s $12. What’s your take on it? – Clifford

Thanks for the question, Clifford. This is a speculative stock and it’s still new to public markets.

However, Wall Street expects revenue to begin ramping up next year, from just $4 million this year to $25 million next year.

If that’s the case, this stock isn’t very expensive, and I’d be comfortable taking a speculative position.

Where Can I Read Previous Emails?

I constantly get questions regarding where to find previous alerts. Well, The Million Mission website is live and you can check out archived alerts here.

Portfolio Overview

Here’s what I’m currently holding in The Million Mission portfolio:

Fannie Mae (FNMA) – 3,500 shares @ $6.86/share

Nvidia (NVDA) – 200 shares @ $179/share

Micron (MU) – 50 shares @ $935/share