Archer Aviation (ACHR)
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Buffett Can't Get Enough of This Stock, Plus Other Insider Buying
24/7 Wall Street· 2024-03-17 13:10
Buffett Can't Get Enough of This Stock, Plus Other Insider Buying frender / iStock via Getty Images The Oracle of Omaha has once more bolstered his stake in a media giant’s tracking stocks. However, Warren Buffett is not the only 10% owner or other insiders who made notable insider purchases in the past week or so.A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, ins ...
Multibagger Mayhem: 3 Stocks Set to Shatter Expectations
InvestorPlace· 2024-03-15 10:35
One can say that all investors are hunting for multibagger stocks, or stocks returning many times your original investment. However, for those pursuing a conservative investing approach, the only real challenge is time. That is, you can buy low-risk stocks like blue-chips, and through the power of compounding, generate multi bagger gains over decades.However, for those with shorter time horizons, identifying stocks that will generate multibagger-sized gains can be challenging. Mostly, because the types of s ...
Why I'm Bullish on Archer Aviation
The Motley Fool· 2024-03-14 11:04
Small-cap growth stocks often play second fiddle to their larger counterparts in today's market. Over the past two years, investors have flocked toward a small handful of well-known large-cap equities in the fields of artificial intelligence (AI) and weight loss drugs.The attraction lies in the anticipation that both AI and weight loss drugs will drive substantial revenue growth for industry behemoths in the forthcoming years. While these prospects are likely to materialize, several small-cap growth stocks ...
Stellantis Just Bought 3.6 Million Shares of Archer Aviation (ACHR) Stock
InvestorPlace· 2024-03-12 15:25
Who’s bullish on Archer Aviation (NYSE:ACHR) stock? Stellantis (NYSE:STLA) certainly is. The automotive manufacturing giant recently filed a Form 4 revealing a $15.63 million insider purchase. Stellantis is considered an insider of Archer due to its status as a 10% owner of the company. Between March 4 and March 7, Stellantis acquired 3.6 million shares of ACHR stock at average prices ranging between $4.22 and $4.51. The firm’s largest purchase was on March 6, when it picked up 1.07 million shares. In total ...
ACHR Stock Alert: Archer Plans New Vertiport in Dubai for eVTOLs
InvestorPlace· 2024-03-11 17:44
Fresh partnership news is pushing Archer Aviation (NYSE:ACHR) stock toward the skies today. Recently, the electric vertical takeoff and landing (eVTOL) innovator announced plans to develop a vertiport network in the United Arab Emirates (UAE) with local flyer Falcon Aviation.According to a statement released on March 11, the two companies will be connecting Dubai and Abu Dhabi by way of Archer’s Midnight electric air taxi. The firms aim to have the network fully operational as soon as 2025. After a difficul ...
Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025
Businesswire· 2024-03-11 13:00
Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025. *Image depicts simulated flight (Photo: Business Wire)Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying ...
Archer to Present at 2024 J.P. Morgan Industrials Conference
Businesswire· 2024-03-08 16:33
SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) Chief Commercial Officer, Nikhil Goel, will present at the 2024 J.P. Morgan Industrials Conference on Tuesday, March 12, at 2:50 PM ET. A live webcast of the conference will be available on Archer’s Investor Relations website here. About Archer Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the skies, freeing everyone to reimagine ...
Cheap Chances: 3 Promising Penny Stocks for Life-Changing Returns
InvestorPlace· 2024-03-07 19:56
It’s not easy finding promising penny stocks for solid returns right now. Putting aside their low price tag, many penny stocks have small market capitalizations. Any investor in small-cap stocks knows how tough that has been for the last two years. The iShares Russell 2000 ETF (NYSEARCA:IWM) is up approximately 8% in the last 12 months and about 2% in 2024. That’s alright; it’s far below the double-digit returns that the major indexes have been generating. That’s because small-cap stocks are more tied to ...
7 Penny Stocks Set to Surge 500% by 2025
InvestorPlace· 2024-03-06 22:17
With penny stocks, investors can expect the unexpected. Carvana (NYSE:CVNA) stock was trading at $4.7 in the beginning of 2023. In just over a year, CVNA stock has surged by 15x. Of course, not all bullish stories among penny stocks will deliver 10x to 20x returns in quick time. However, multiple ideas can deliver multibagger returns within the next 18 to 24 months. This column focuses on seven penny stocks with five-bagger potential before the end of 2025.An important point to note is that penny stocks are ...
Opportunity Is Knocking: 3 Penny Stocks Worth Picking Up Now
InvestorPlace· 2024-03-05 18:44
Penny stock rallies can be ferocious. At the beginning of 2023, Carvana (NYSE:CVNA) stock was trading below $5. Currently, CVNA stock trades at $83. Of course, not all penny stocks to buy will be 10x or 20x in quick time.However, ample opportunities can double or triple in a few quarters. The important point to note is that it’s difficult to find an entry point during a penny stock rally. Investors, therefore, need to identify potential undervalued opportunities and hold with patience. When the time comes, ...