I Sold My Archer Aviation Shares and Bought This Growth Stock Instead. The AI Supercycle Made It Obvious.

Key Points Archer Aviation makes autonomous eVTOLs. It is a long-term play, still far away from profitability. Micron is trading at just 7 times forward earnings and is in the middle of a memory chip stock supercycle. 10 stocks we like better than Micron Technology › Archer Aviation (NYSE: ACHR) could very well be the future of transportation and a stock that will someday make its investors a lot of money. That was the lure for me -- that and its cheap entry price of under $7 per share -- when I bought shares on the dip late last year.