Archer Aviation (ACHR)
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3 Flying Car Stocks Worth Their (Very Long) Growth Runways
InvestorPlace· 2024-01-12 16:35
Investors could see their portfolios take off in 2024 by investing in leading flying car stocks poised for substantial growth. Projections hint at a potential $3.8 billion market by 2035 and an explosive $1.5 trillion opportunity circa 2040. Notably, publicly traded companies in the sector are crafting electric vertical takeoff and landing (eVTOL) vehicles, often termed flying cars, with characteristics closer to electric helicopters. These eVTOLs represent the latest frontier in transportation innovation. ...
7 Tech Stocks Destined to Follow in Nvidia's Footsteps
InvestorPlace· 2024-01-10 22:36
Following the remarkable ascent of Nvidia (NASDAQ:NVDA) last year, it’s only natural for investors to consider the top tech stocks to buy for 2024. Yeah, I suppose that NVDA could again be a winner. It’s off to a great start and the underlying generative artificial intelligence sector should only blossom from here. Still, it’s risky to target just the usual suspects.While NVDA delivered blistering returns in 2023, most of the upside performance came in the first half. That’s not to say that the second half ...
The 3 Best Flying Car Stocks to Buy in January 2024
InvestorPlace· 2024-01-09 20:35
Last year was good for some of the best flying car stocks. Significant progress is apparent toward the commercialization of eVTOL aircraft. However, after a big rally in the first few quarters, flying car stocks witnessed some price and time correction. So, this may be a good opportunity to consider fresh exposure to the sector.Talking about industry potential, the flying car market is expected to hit $1 trillion in 2040 and $9 trillion by 2050. Therefore, the markets are at a nascent stage of growth. In th ...
Tiny Tickers, Tons of Potential: 3 Penny Stocks Set to Soar
InvestorPlace· 2024-01-09 19:21
Penny stocks can be portfolio game changers even with a 10% to 15% allocation. The reason is that 5x or 10x returns in relatively quick time is not an unrealistic expectation. Of course, the ideas need to be well researched and the bullish thesis must be backed by fundamentals rather than being purely speculative.Around this time last year, Riot Platforms (NASDAQ:RIOT) stock was trading at $4.2. RIOT stock is already higher by 250% from those levels. Similarly, Archer Aviation (NYSE:ACHR) stock has surged b ...
The 3 Hottest Flying Car Stocks to Watch in 2024
InvestorPlace· 2024-01-04 17:56
With some of the hottest flying car stocks ready to take flight, investors may want to get on board. Once they surge, we could be looking at a potential $3.8 billion market by 2035, according to Allied Market Research. And according to Morgan Stanley, it may be an explosive $1.5 trillion opportunity by about 2040. “Flying cars could initially gain market share from cars on the road, planes and public transportation. However, it could also open up a whole new world of business across multiple sectors. In its ...
Flying Cars Are Getting Off the Ground. Invest In Archer Aviation Stock NOW.
InvestorPlace· 2024-01-03 18:44
The race for urban air mobility is getting intense, with flying taxi companies vying for superiority. Archer Aviation (NYSE:ACHR) is one of the leading contenders because its electric vertical takeoff and landing (eVTOL) aircraft offers a competitive advantage over its rivals.The global eVTOL market is growing at an expected compound annual rate of over 12% through 2032. It’s expected to hit $35.9 billion. Compared to the projected $1.1 trillion global airline industry by 2030 or even the $215.7 billion rid ...
3 Flying Car Stocks to Make You the Millionaire Next Door: 2024 Edition
InvestorPlace· 2024-01-02 18:27
The notion of flying car stocks has long been the realm of science fiction. However, flying cars are fast becoming a reality. In July, Alef Aeronautics Received FAA approval for testing and began taking reservations. The company, which is not publicly traded, expects to begin delivery of its $300,000 vehicle in 2025. That vehicle called the Model A, is expected to have an on-road range of 200 miles and an in-air range of 110 miles.The publicly traded companies that lead the sector’s development are developi ...
Archer Aviation (ACHR) - 2023 Q3 - Earnings Call Transcript
2023-11-10 03:41
Archer Aviation Inc. (NYSE:ACHR) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Adam Goldstein - Founder, Chief Executive Officer Mark Mesler - Chief Financial Officer Tom Muniz - Chief Operating Officer Andy Missan - Chief Legal Officer Conference Call Participants Bill Peterson - JP Morgan Savi Syth - Raymond James Andres Sheppard - Cantor Fitzgerald Edison Yu - Deutsche Bank David Zazula - Barclays Austin Moeller - Canaccord Josh Sullivan - Benchmark Operator Good after ...
Archer Aviation (ACHR) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39668 Archer Aviation Inc. (Exact name of registrant as specified in its charter) Delaware 85-2730902 (State or other jurisdiction of incorporation or (I.R.S. Employer I ...
Archer Aviation (ACHR) - 2023 Q2 - Quarterly Report
2023-08-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39668 Archer Aviation Inc. (Exact name of registrant as specified in its charter) Delaware 85-2730902 (State or other jurisdiction of incorporation or (I.R.S. Employer Identi ...