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Archer Aviation Inc. (ACHR) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-02-16 00:01
The latest trading session saw Archer Aviation Inc. (ACHR) ending at $5.45, denoting a -0.18% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.58%. Elsewhere, the Dow saw an upswing of 0.91%, while the tech-heavy Nasdaq appreciated by 0.3%.Coming into today, shares of the company had gained 8.33% in the past month. In that same time, the Aerospace sector gained 0.34%, while the S&P 500 gained 4.61%.Investors will be eagerly watching for the performance ...
3 Speculative Penny Stocks With Life-Changing Returns Potential
InvestorPlace· 2024-02-15 23:30
Speculative penny stocks have long captured the imagination of investors seeking high-risk, high-reward opportunities. Now might be a good time to dive into these options. As the S&P 500 and the Nasdaq continue to move higher, the small valuations of these companies make them prime candidates for delivering solid returns.In this article, we delve into the realm of speculative penny stocks, uncovering three intriguing opportunities that possess the potential to reshape investors’ portfolios. So here are thre ...
3 Hidden-Gem Flying Car Stocks Ready to Ride a Massive Market Wave
InvestorPlace· 2024-02-15 18:52
Flying cars, also known as “air taxis” or “urban air mobility vehicles,” rely on advanced technology to take to the skies. They typically utilize electric propulsion systems, including electric motors and batteries, to power vertical takeoff and landing capabilities. Given the upside that this technology offers, many investors are looking for the hidden-gem flying car stocks to own for the long term.These vehicles often feature lightweight materials such as carbon fiber to maximize efficiency and range. Add ...
Cathie Wood loads up on shares of Archer Aviation Inc
Invezz· 2024-02-14 12:34
Archer Aviation Inc (NYSE: ACHR) is in focus today following news that Cathie Wood loaded up on shares of the eVTOL company last night.How much of Archer Aviation stock did she buy?Copy link to sectionThe famed investor decided in favour of increasing her exposure to $ACHR as a broader market decline pushed it down some 8.0% on Tuesday.   Wood bought 800,272 shares of Archer Aviation in total split across three of her exchange-traded funds – which together now hold a little under 23.5 million shares of the ...
7 Stocks Cathie Wood Is Still Loading Up On in Q1
InvestorPlace· 2024-02-13 18:59
You can’t say Cathie Wood is afraid to make big bets. The investing guru is more than willing to lay it all on the line for stocks she believes in. Of the top Cathie Wood stocks picked up in 2024, she’s bought $160 million worth of Tesla (NASDAQ:TSLA) for her Ark Invest family of funds even though the electric vehicle maker is down 22% this year. But you have to admire how Wood sticks to her guns.But Tesla isn’t the only big bet she’s making. In fact, the investing star is loading up on a number of companie ...
Is Archer Aviation Stock a Buy Now?
The Motley Fool· 2024-02-11 16:01
Archer Aviation (ACHR 4.25%) is one of a small number of publicly tradable U.S. companies that develop electric vertical takeoff and landing (eVTOL) vehicles. These are more commonly known as flying cars or air taxis. It requires a great deal of vision and, like it or not, capital to get this type of business off the ground.It would be disingenuous to claim that Archer Aviation's financial position is perfect. Yet, improvement should be the name of the game if you're an eVTOL company watcher and/or investor ...
3 Flying Car Stocks With Serious Potential to Make You a Millionaire
InvestorPlace· 2024-02-09 22:00
The investment strategy for industries at a nascent stage is to “catch the companies young and watch them grow.” This is appropriate for flying car stocks. Most of the companies in the industry are working towards the commercialization of eVTOL aircraft. Once that’s achieved quality companies are set for growth that’s likely to last well beyond the decade.The flying car market is expected to cross $1.06 billion by 2030. This is the tip of the iceberg as the market size is expected to swell to $1 trillion by ...
The 7 Most Undervalued Penny Stocks to Buy in February 2024
InvestorPlace· 2024-02-08 21:51
Undervalued penny stocks are probably the most sought-after names for retail investors. Besides the low-price factor, penny stocks are known for providing some high adrenalin price-action. However, it’s also a space for speculation and losses can be significant if wrong bets are made. My basic idea is to screen undervalued penny stocks and hold them for the medium term.It’s important to note that speculative activity is high among undervalued penny stocks. Then again, we also have to consider that not all p ...
Archer Receives Part 145 Certification From the Federal Aviation Administration
Businesswire· 2024-02-08 16:00
SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that it received its Part 145 certification from the Federal Aviation Administration (FAA). Under FAA regulations, Archer is now authorized to perform specialized aircraft repair services while maintaining the highest levels of safety and compliance, a key requirement for operating a commercial aviation business. Today’s certification reinforced Archer’ ...
3 Flying Car Stocks to Buy on the Dip: February 2024
InvestorPlace· 2024-02-07 22:45
As we approach the start of a new era in transportation, the idea of flying cars moves from the realm of science fiction to reality. Aware of how quickly things are changing, smart buyers are now looking up and thinking about which flying car stocks to buy. This growing industry could change the way we get around and also give forward-thinking investments a one-of-a-kind chance to make money. There are many new ideas that are changing the future, but these stocks stand out because they have a very positive ...