Is Archer Aviation a Millionaire Maker?

Any stock could, theoretically, make you a millionaire. But the truth is that you probably want to own a collection of stocks, including more aggressive and less aggressive investments, as you build a diversified million-dollar portfolio.

If you can handle the risk, Archer Aviation (NYSE: ACHR) could be an interesting choice for the aggressive side of the equation. Here's why.

Archer Aviation builds a vertical-lift short-haul aircraft called Midnight. The big goal is to use Midnight as an air taxi. This is a totally new concept when it comes to the aerospace industry, though Archer Aviation isn't the only one trying to create a new industry niche. Right now, Archer Aviation is still trying to get Midnight approved for commercial use.

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Source Fool.com