Is Archer Aviation Stock a Buy Now?
Every so often, a company pursues a vision so bold that it borders on outlandish. To me, Archer Aviation (NYSE: ACHR) fits that mold.
The company is developing electric vertical takeoff and landing (eVTOL) aircraft -- more commonly known as flying air taxis. While the concept may sound futuristic -- even unnecessary to some -- Archer is targeting a real market opportunity with significant potential.
For less than $10 a share, does Archer deserve a place in your portfolio? Let's take a closer look to find out.
Source Fool.com
