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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 ...
Archer Aviation (ACHR) - 2023 Q2 - Earnings Call Transcript
2023-08-11 03:35
Archer Aviation Inc. (NYSE:ACHR) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Andy Missan - Chief Legal Officer Adam Goldstein - Founder & Chief Executive Officer Billy Nolen - Chief Safety Officer Mark Mesler - Chief Financial Officer Tom Muniz - Chief Operating Officer Conference Call Participants Edison Yu - Deutsche Bank Andres Sheppard - Cantor Fitzgerald Savi Syth - Raymond James Bill Peterson - J.P. Morgan David Zazula - Barclays Josh Sullivan - The Benchmark Compa ...
Archer Aviation (ACHR) - 2023 Q1 - Earnings Call Transcript
2023-05-11 23:41
Archer Aviation Inc. (NYSE:ACHR) Q1 2023 Earnings Conference Call May 11, 2023 5:00 PM ET Company Participants Andy Missan - Chief Legal Officer Adam Goldstein - Founder and Chief Executive Officer Tom Muniz - Chief Operating Officer Mark Mesler - Chief Financial Officer Conference Call Participants Bill Peterson - J.P. Morgan Andres Sheppard - Cantor Fitzgerald Edison Yu - Deutsche Bank Savi Syth - Raymond James David Zazula - Barclays Operator Good afternoon. Thank you for attending the Archer Aviation Q1 ...