This eVTOL Stock Could Turn $1,000 Into $100,000
Joby Aviation is flying high over a multitrillion-dollar opportunity.
Overview
A company that grows 100-fold rarely looks like a 100-bagger at the beginning. Usually, it is small and unproven, with a business (or an idea for a business) that's hard to imagine and easy to dismiss.
Often, these companies became indisputable leaders. For example, Nvidia's and Microsoft's stocks have both produced over 10,000% returns throughout their lifetimes.
Details
Joby Aviation (NYSE: JOBY) is not a 100-bagger. The stock has traded in the red since its 2021 market debut and has fallen over 55% since last year. And yet if history tells us anything, it's that companies like Joby deliver monster returns over decades.
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.