Should You Buy Archer Aviation Below $6?
The company is becoming more than an eVTOL maker.
Overview
Let's cut to the chase: If you have an appetite for risk, and you can stomach near-term volatility, Archer Aviation (NYSE: ACHR) at less than $6 a share might be your next best buy.
That's not because the company is safe, secure, or stable. Quite the contrary: This maker of eVTOL (electric vertical take-off and landing) aircraft is burning through millions of dollars each quarter, generates no meaningful revenue, and still hasn't secured the FAA certification it needs to commercialize its air taxi operations in the United States.
Details
That's the risk. Here's the opportunity.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.