Should You Buy Joby Aviation Before 2026?
Traffic -- ugh. It doesn't matter where it is -- New York, Atlanta, or the Costco (NASDAQ: COST) parking lot -- it puts a damper on your day.
Investors who understand the pain of traffic will probably appreciate the potential game-changing proposition of Joby Aviation (NYSE: JOBY). Its electrical vertical take-off and landing (eVTOL) aircraft, or "flying taxis," could offer a skyward path above traffic, with a matching growth trajectory.
This is a pre-revenue company, which has neither regulatory approval to operate commercial flights, nor a fleet of eVTOLs to whip up revenue. It's been a leader in the nascent eVTOL market, but since that market is just an idea, it's little more than a leader in a pack of dreams.
Source Fool.com
