Sky Harbour Group (SKYH) Set For Nearly 64% Upside

Sky Harbour Group Corporation (NYSE:SKYH) is among the fastest growing small cap stocks to buy. According to the Marketbeat Ratings report, Sky Harbour Group Corporation (NYSE:SKYH) has received an average rating of “Buy” from seven brokerages, with the average price target of $17.3750 implying an upside of nearly 64% from the current levels. Analysts’ response remains optimistic, with one Hold, four Buy, and a Strong Buy rating on the stock.

If there’s one stock that is high-risk and high-reward, that is SKYH. The company’s network of high-end hangar campuses taps the untapped, making its business model one of a kind. So far, Sky Harbour Group Corporation (NYSE:SKYH) has demonstrated somewhat strong traction, achieving full occupancy in existing campuses and securing noteworthy deals at higher rents.

While this growth is an outcome of years of development expense, investors bullish on Sky Harbour Group Corporation (NYSE:SKYH) believe that the company will grow into a sustainable and quasi-utility business with franchise-like control over pricing.

Sky Harbour Group Corporation (NYSE:SKYH) is a New York-based aviation infrastructure development company that develops, leases, and operates general aviation hangars. With a commitment to providing a unique home-based business aircraft, the company aims to achieve economies of scale through standardized development.

While we acknowledge the potential of SKYH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SKYH and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.