Prediction: 2 Stocks That'll Be Worth More Than Archer Aviation 3 Years From Now

Archer Aviation (NYSE: ACHR) is getting a lot of attention from investors lately. The maker of electric takeoff and landing vehicles (eVTOL) doesn't have any measurable revenue currently, but it has big ambitions. It has forged deals with a number of airlines as it aims to build urban air taxi networks in metro areas around the world.However, some obstacles are keeping the company from taking this idea mainstream. It's selling its Midnight eVTOL for $5 million. At that price, the payback period is much longer than for the Uber Technologies' vehicles that it's competing with, making the unit economics questionable.Archer believes that its vehicles can deliver significant time savings for trips to the airport. That may be true, but they only hold four passengers, so their capacity is no more efficient than a conventional ride-sharing vehicle. Nonetheless, investors are bullish on Archer Aviation as the stock currently has a market cap of $5.5 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool