Should You Buy Archer Aviation While It's Below $10?

Advancements in technology are creating new industries worth billions of dollars. Society is on the precipice of electric vertical takeoff and landing (eVTOL) transportation -- electric flying taxis that can help people get around in densely populated areas without further clogging up highways.Archer Aviation (NYSE: ACHR) is one of the companies vying for a top spot in this industry, which experts believe may grow by more than 50% annually to over $23 billion by 2030.The company's third-quarter earnings included progress updates that helped spark a massive rally, causing shares to nearly double over the past month. If this momentum continues, it might not be long before the stock approaches $10. Should investors consider buying the stock now?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool