Archer Aviation Inc. (NYSE:ACHR) is one of the 14 stocks Jim Cramer recently shared insights on. A caller asked if it is a good time to enter the stock. Here’s what Mad Money’s host had to say:
“Okay, Archer and Joby, again, I’m going with them. Why? Because a news headline and it can be up 25%. That’s what I’m looking for these days.”
A technician assembling an electric aircraft, highlighting the company’s manufacturing capabilities.
Archer Aviation (NYSE:ACHR) designs advanced aircraft, including electric vertical takeoff and landing models. The company provides ride services, commercial aircraft, and support services such as maintenance and repair. It is worth noting that on May 16, Cramer commented:
“Oh, that one’s a bridge too far for me to tell you the truth. Electric vertical takeoff, I mean, I’m willing to go with Rocket Lab, but Archer’s just a little bit too far. I mean, someone who’s like 18, 19, 20, 21, you might want to believe in it. I don’t want to have too many of these kinds of stocks on my so-called recommended list.”
While we acknowledge the potential of ACHR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
