Archer Aviation (NYSE:ACHR) stock is in the news Friday after the electric vertical takeoff and landing (eVTOL) company announced plans to expand its business to India.According to recent comments from Archer Aviation CEO Adam Goldstein, the company is looking to hold a trial for its aircraft in the country next year. That would see it prepare for a commercial launch of an air taxi service starting in 2026.If all goes well, this would make India the first international air taxi service Archer Aviation launc ...

In terms of green transportation, everyone talks about electric cars, but not many people appear to be thinking of other possibilities. Flying car, or electric vertical takeoff and landing (eVTOL), aviation companies are some of the fastest-growing stocks in the transportation industry, and it could help move a large number of people around cities in the coming decades. Analysts and market enthusiasts predict flying cars could revolutionize urban mobility and create a multi-billion-dollar market. With enoug ...

The flying car industry is taking off to new heights. That backdrop forms this list of the most undervalued flying car stocks to buy. As the technology behind flying cars continues to evolve, the potential of this industry is becoming increasingly apparent.Flying cars, also known as eVTOLs (electric vertical take-off and landing vehicles), offer a great solution to the challenges of traditional ground-based transportation. These vehicles use advanced aerial mobility to provide a more environmentally friendl ...

Investors may want to pay close attention to flying car stocks.If all goes according to plan, the market for flying car stocks could become a trillion-dollar opportunity according to JPMorgan. By 2040, it could be worth about $3 trillion as flying cars start to get into cargo and military operations. All as dozens of companies — from China to the U.S. and Europe — get flying cars off the ground.In the U.S., companies like Archer Aviation (NYSE:ACHR) are hoping to take to the skies in Santa Monica by 2025. “ ...

Short sellers built up their position in Archer Aviation stock (NYSE:ACHR) stock over the past few weeks. The number of shares sold short in the electric vertical takeoff and landing (eVTOL) stock grew from 180 million at the end of January to over 240 million at the end of March. Days to cover, or the theoretical number of days it would take short sellers to cover their position now stands at nine days (anything over seven is considered a lot).Archer Aviation stock has fallen 10% during that time, seemingl ...

There is no doubt that blue-chip stocks are steady value creators and act as a fortress for the portfolio. However, it’s growth and high-potential penny stocks that can make millionaires.A general tendency is to look at penny stocks purely as a speculative bet. That’s understandable in specific cases where the rally is driven by factors like short-squeeze. However, a deeper look into the world of penny stocks will reveal names that are fundamentally strong.Further, selected penny stocks represent business t ...

Penny stocks and pharmaceutical stocks are highly interrelated. Both asset classes are speculative in nature and many of the highest potential penny stocks tend to exist in the pharma sector. The reason is simple: returns for successfully developing a therapeutic drug or medical device are very high but the chances of failure are also very high. It’s also very easy to find pharma penny stocks that can double. It’s more difficult to identify non-pharma penny stocks that can double.Yet, that is the focus of t ...

Considering the progress on the business front, flying car stocks have been relatively subdued in the last two quarters. It’s a period of correction and consolidation before the big take-off.The fact that the best flying car companies are on track for the commercialization of eVTOL in 2025 underscores this point. The next few quarters are therefore likely to be exciting in terms of certification completion and scaling-up of manufacturing operations.Of course, from a long-term perspective, the early movers a ...

In the latest trading session, Archer Aviation Inc. (ACHR) closed at $4.28, marking no change from the previous day. This move lagged the S&P 500's daily gain of 0.15%. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.32%.Shares of the company witnessed a loss of 10.46% over the previous month, trailing the performance of the Aerospace sector with its loss of 3.76% and the S&P 500's gain of 1.65%.The upcoming earnings release of Archer Aviation Inc. will be of great interest to investors. ...

There are three penny stocks for the upcoming bull run that you should know about. My thesis for the rest of the year is the S&P 500 and the Nasdaq will shake off fears of a correction and repeat last year’s stellar performance. Despite some geopolitical uncertainties, I feel the backdrop of a strong U.S. economy and falling interest rates will be a boon for these speculative penny stocks, which could send their valuations soaring.While penny stocks are generally considered highly speculative investments, t ...