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Why I Own Joby Aviation Stock


The future of urban air mobility isn't a winner-take-all proposition -- it's an emerging market with room for multiple innovators to succeed. While I've frequently discussed my bullish position on Archer Aviation (NYSE: ACHR) as a top small-cap growth opportunity, my portfolio's exposure to electric vertical takeoff and landing (eVTOL) technology extends beyond a single company.

Joby Aviation (NYSE: JOBY) represents my second strategic position in this transformative technology space. This isn't about diversification for its own sake -- it's a deliberate investment in what I consider another industry front-runner with a compelling growth trajectory.

Image source: Getty Images.

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Source Fool.com

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