Why These 24 Stocks Are Skyrocketing

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14. Archer Aviation Inc. (NYSE:ACHR)

Q4 Returns as of December 31, 2024: 222%

Archer Aviation Inc (ACHR) is a rapidly growing aircraft company with a mission to develop high-performing vertical take-off and landing aircraft in urban networks. In the fourth quarter of 2024, ACHR’s stock price returned 221.8%; exhibiting remarkable growth.

The stock is expected to skyrocket and we say that because of its roadmap to the commercial deployment of its aircraft in 2025. Over the past few months, the company has accelerated its certification processes and signed partnerships, positioning it as an emerging leader in aircraft technology.

On December 18, 2024, Analyst firm Cantor Fitzgerald increased its price target for ACHR to $13 from $10. Similarly, Street’s median price target of $11 pointed to an upside of 15% from current levels as of January 2.

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