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Archer Aviation: Buy, Sell, or Hold?

TheMotleyFool

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Archer Aviation (NYSE: ACHR) has garnered a loyal following of investors who are optimistic about the company's innovative electric vertical takeoff and landing (eVTOL) aircraft. Contracts with the U.S. government and recent new funding are helping to drive the stock price, which is up 82% over the past 12 months.

But not everyone is optimistic. The company has yet to generate any revenue, and the recent share price gains mean investors are paying a premium for a company without sales.

So, is Archer Aviation stock a buy, sell, or hold? Here's the case for each.

Source Fool.com