Joby Aviation: Buy, Sell, or Hold?
Imagine soaring above the bustling streets of a city, gliding through the sky to your destination. This innovative mode of transportation, known as eVTOL (electric vertical take-off and landing), has the potential to revolutionize urban mobility.
These futuristic vehicles use modern battery technology, which allows for quiet operation and supports nimble vertical take-offs and landings. This makes them suited for navigating urban landscapes. With the Federal Aviation Administration (FAA) recently introducing regulations to facilitate this emerging technology, the dream of soaring above the gridlock is edging closer to reality.
Joby Aviation (NYSE: JOBY) is one company leading the way in this exciting technology. The stock has surged 60% since November, although it has recently come off its highs. If you're looking to invest in this innovative company, you should know a few things first.
Source Fool.com
