Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Archer Aviation Stock a Buy Now?

TheMotleyFool

0 0

Is Archer Aviation Stock a Buy Now?: https://g.foolcdn.com/editorial/images/833071/gettyimages-1418901064.jpg

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