Bigbear AI@$3..40 up $0.54/18.71%
Talks of it becoming like a Palantir spurs interest in this stock. At around 5x last quarter's annualized sales, it is cheap compared to Palantir's more than 50x.
Archer Aviation @$8.26 up $0.61/7.90%
Archer Aviation has become a meme stock on Reddit. EVTOL is an emerging new disruptive technology in the Low Altitude Economy. It was one of the most mentioned stock. Certification is around 12-14 months away. Future CAPEX are committed by Stellantis, an auto manufacturer and lead investor. UAE, being one of the earliest adopters could potentially finance any new CAPEX.
Joby Aviation @$8.75 up $0.66/8.21%
Another EVTOL company. Joby is the front runner, Archer Aviation is second. Joby completed stage 3 certification for its aircraft in February. Archer is likely more than 8 months behind. Joby is backed by Toyota which will finance the CAPEX of the plants and manufacturing.
Soundhound AI @$14.78 up $1.45/1084%
Soundhound has become a meme darling. It is disrupting automated voice systems with its AI technology. It just won over Torchy's Tacos which has over 100 locations. Chipotle is another client.
These companies will be among the popular investment trends going into 2025.
Hope you made some gains today.
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