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Is Archer Aviation Stock a Buy Now?

TheMotleyFool

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Is Archer Aviation Stock a Buy Now?Photo, wide shot, wide-angle lens, Coal company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.midjourneyapi.xyz/temp/2a011bdc-adca-4de9-8457-d868b31178cf.png

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