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Finding a bargain is a relative feat. For a growth investor like Cathie Wood, there might be deals in stocks that are slumping despite not yet being textbook cheap. She added to existing Ark positions in Archer Aviation (NYSE: ACHR), **** e Exploration Technologies (NASDAQ: SPCX), and Meta Platforms (NASDAQ: META) on Monday.
Archer and **** eX are now trading below their IPO pricing. Meta is faring a bit better than the recent slides at Archer and **** eX, but the Facebook parent company is still trading 8% lower over the past year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Let's take a closer look at the three potentially opportunistic purchases by Ark to kick off the new trading week.
One of Monday's biggest winners was Archer Aviation stock. One of the leaders in the development of electric vertical takeoff and landing (eVTOL) aircraft saw its shares soar nearly 20% on its heaviest day of trading volume since late last year after introducing a new revenue stream.

#NVIDIA #aviation #company
2 months ago

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