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Underdog No More? Here's Why Archer Aviation Is the Flying Car Stock to Watch.
InvestorPlace· 2024-03-29 10:01
Archer Aviation (NYSE:ACHR) stock is among the electric vertical takeoff and landing (eVTOL) companies worth paying attention to. Also know as flying cars, or air taxis, these aircraft could dominate our skies sooner than one may think. The Federal Aviation Administration (FAA) is working on approvals for Archer’s aircraft (and those of its competitors), which could pave the way for a new wave of innovation in the transportation sector we haven’t seen in a long time.Archer’s Midnight aircraft is its flagshi ...
3 Stocks to Get in Early on the Flying Car Revolution
InvestorPlace· 2024-03-22 18:34
Flying car stocks could be the next big moneymaker. We already know the flying car market could be worth about $215.5 billion by 2025, according to Allied Market Research. By 2035, it could be worth well over $3.8 billion. By 2040, we could be looking at a massive $1.5 trillion market, even $2.9 trillion, according to Morgan Stanley.Now we’re learning Elon Musk is teasing the possibility of commercial flying cars from Tesla (NASDAQ:TSLA). “Look, I don’t want to give away much more than what I’ve said public ...
Archer Aviation: Upgrading As Commercialization Approaches
Seeking Alpha· 2024-03-21 23:27
mikkelwilliam Introduction Morgan Stanley published a paper suggesting that the eVTOL market could be worth $1.5 trillion by 2040 from almost zero today. Archer Aviation Inc. (NYSE:ACHR), along with five other publicly traded startups, countless private companies, and just about every large-scale Aircraft company, are chasing a piece of this market. Some of these companies will be tremendous success stories and make significant returns for early investors. I have been writing about the sector since 2021 and ...
3 Promising eVTOL Stocks With Multibagger Return Potential
InvestorPlace· 2024-03-21 22:18
Now is a great time for investors to consider these eVTOL stocks that have multi-bagger return potential. I think that the threats of a recession have reduced considerably. And the majority of analysts are now switching from bearish to bullish.This backdrop makes it possible to look at emerging technologies like electric vertical take-off and landing (eVTOL) aircraft. While still in the early stages, eVTOL could revolutionize urban air mobility and air travel. Several companies are making strides in develop ...
Wall Street's Favorite Flying Car Stocks? 3 Names That Could Make You Filthy Rich
InvestorPlace· 2024-03-21 18:45
Flying cars are the future. What seemed like fiction may soon become reality. In 2022, the flying car market was valued at about $220M, while in 2032 it is expected to grow to nearly $4B, representing astounding growth. Many companies are in the flying car space, however, it is highly competitive and only the best will survive. Below are three of the best flying car stocks to invest in. Archer Aviation (ACHR)Source: T. Schneider / Shutterstock.comSan Jose-based Archer Aviation (NYSE:ACHR) is one of the bigg ...
From Six Figures to Seven: 3 Flying Car Stocks Set to Make Millionaires
InvestorPlace· 2024-03-20 16:47
Flying car stocks can mint millionaires. The eVTOL industry is at an interesting point, with several companies headed for commercialization in the next 12 to 24 months. Early-movers will have an advantage in an industry that holds promise for the coming decades.In the last few quarters, flying car stocks have been relatively subdued. However, business developments have remained positive for some of the best names in the industry. Therefore, it’s a good time to buy the best stocks before they surge higher.Re ...
Archer Aviation Inc. (ACHR) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-03-19 23:21
In the latest trading session, Archer Aviation Inc. (ACHR) closed at $4.79, marking a -1.64% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.57%. Elsewhere, the Dow saw an upswing of 0.83%, while the tech-heavy Nasdaq appreciated by 0.39%.Prior to today's trading, shares of the company had lost 7.06% over the past month. This has lagged the Aerospace sector's loss of 0.01% and the S&P 500's gain of 2.97% in that time.Investors will be eagerly watching for the pe ...
Stellantis Just Upped Its Bet on Archer Aviation (ACHR) Stock
InvestorPlace· 2024-03-19 19:48
Archer Aviation (NYSE:ACHR), which specializes in manufacturing electric vertical takeoff and landing (eVTOL) vehicles, is seeing choppy price action on Tuesday following an initial bump higher. Yesterday, automotive giant Stellantis (NYSE:STLA) announced that it had bought more ACHR stock, signaling confidence in the air mobility firm.According to its website, Stellantis completed a series of open-market purchases totaling approximately 8.3 million shares of ACHR stock. This acquisition signals confidence ...
Is Archer Aviation a Millionaire Maker?
The Motley Fool· 2024-03-19 13:11
Some of the best investments were initially unknown or seemed dubious -- and usually both. But they persisted and eventually led new markets that grew and became mainstream. The result? Life-changing returns for investors who got in early and never lost faith.Archer Aviation (ACHR -2.99%) is an exciting company that could follow a similar path to disruptive and highly successful businesses. It's racing to develop and bring electric air travel to market. Yes, that makes the stock riskier than your run-of-the ...
Stellantis Signals Its Continued Confidence in Archer by Further Increasing Its Strategic Shareholding in the Company
Newsfilter· 2024-03-18 15:01
                                      Stellantis Signals Its Continued Confidence in Archer by Further Increasing Its Strategic Shareholding in the Company Stellantis completes a series of open market purchases of ~8.3 million shares AMSTERDAM AND SANTA CLARA, CALIFORNIA, March 18, 2024 – Stellantis N.V. and Archer Aviation Inc. (NYSE:ACHR) today announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer's stock signaling Stellantis' continued confiden ...