Why I Keep Buying These 14 Incredible Growth Stocks [Yahoo! Finance]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Yahoo! Finance
Since the 2008 financial crisis, numerous growth stocks have significantly outperformed passive index funds. Some standout performers have even delivered returns exceeding 1,000% in less than five years. Nvidia (NASDAQ: NVDA) , the chipmaker at the heart of the artificial intelligence (AI) revolution, exemplifies this potential, turning a $10,000 investment into nearly $300,000 over the past 60 months. My tax-advantaged portfolios include 14 stocks primarily held for their growth prospects. While some of these growth stocks pay dividends, that's not the main reason for owning them. Here, I'll explain why I continue to invest in each of these companies and discuss their 12-month upside potential based on Wall Street's consensus price targets and year-to-date performance. Archer Aviation: Pioneering electric air taxis Archer Aviation (NYSE: ACHR) is at the forefront of the electric vertical takeoff and landing (eVTOL) aircraft industry. The company aims to revolutionize urban
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ACHR
News
- Archer To Report Third Quarter 2024 Operating Update and Financial Results on November 7, 2024Business Wire
- Archer Aviation Inc. (ACHR) Gains As Market Dips: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Where Will Archer Aviation Be in 3 Years? [Yahoo! Finance]Yahoo! Finance
- Archer Aviation Inc. (NYSE: ACHR) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $10.00 price target on the stock.MarketBeat
- Archer Aviation Inc. (ACHR) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
ACHR
Sec Filings
- 10/17/24 - Form SC
- 10/15/24 - Form SC
- 9/17/24 - Form 8-K
- ACHR's page on the SEC website