14.12.2024 10:24:00

Could Buying Archer Aviation Stock Today Set You Up for Life?

Archer Aviation (NYSE: ACHR) is a story stock. Management has, to its credit, been moving through the important early chapters and, thus, pushed the tale along in an admirable fashion. But, at the end of the day, Archer Aviation still doesn't have a product or service to sell. It's all just big ideas that might come to fruition. Here's what investors need to consider before they buy Archer Aviation, thinking that it will set them up for life.If you have ever been stuck in gridlock as you've tried to drive in and around a major city, you'll appreciate Archer Aviation's big idea. It wants to create air taxis, effectively allowing people to fly over the traffic to get to their desired destinations. At one point, that was just a pipe-dream-level idea, but with today's technology, it is very much possible.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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